FSB: Financial resources and tools for central counterparty resolution
FSB has published a report on financial resources and tools for CCP resolution. It incorporates feedback from a public consultation, summarises the final analysis and presents the “toolbox approach” for resolution resources and tools alongside means for implementation and monitoring. Revised guidance now includes a reference to assessing whether the resolution authority has access to a set of resolution-specific resources and tools and a new version of key attributes incorporates additional guidance on financial resources and tools to support the orderly resolution of a CCP.
For more information
- https://www.fsb.org/wp-content/uploads/P250424-1.pdf
- https://www.fsb.org/2024/04/guidance-on-financial-resources-to-support-ccp-resolution-and-on-the-treatment-of-ccp-equity-in-resolution-revised-version-2024/
- https://www.fsb.org/2024/04/key-attributes-of-effective-resolution-regimes-for-financial-institutions-revised-version-2024/