Thomas Murray CCP Risk Assessments

Thomas Murray on the back of industry demand from GCMs, investment banks, global custodians and other interested parties has rolled out a programme to assess CCPs. This service mirrors its existing CSD Risk Ratings and Capital Market Infrastructure Risk Ratings activities (operational for over 10 years).

The CCP Risk Assessments service is a global program that defines key criteria and related data against which each CCP is assessed. The output provides participants with an assessment, supporting validated data and on-going surveillance as to a CCPs effectiveness in eliminating risks associated with transactions processed by it.

The objective of the service is to bring transparency to the industry for the benefit of participants and offer cost savings to groups required to perform due diligence and assessments on CCPs that they use. This has becomes increasingly critical as the industry is mandated to use CCPs when transacting in cash, exchanged traded and OTC derivative products.

For further information please contact:
Derek Duggan, Director
dduggan@thomasmurray.com

  

News Monitoring Flashes

Date Newsflash
20th May 2013 EC Publishes Memo on Implementation of EMIR for Non-EU CCPs
16th May 2013 LCH.Clearnet Limited's SwapClear Service Upgrades to Real-Time Trade Registration - Update
16th May 2013 Discussions on Merger between JSCC and JGBCC – Update
15th May 2013 LCH.Clearnet Limited Increases Clearing Fees for LME Trades
15th May 2013 LCH.Clearnet Limited's SwapClear Service Upgrades to Real-Time Trade Registration
10th May 2013 LCH.Clearnet to Stop Accepting Performance Bonds as Collateral
8th May 2013 German Banking Industry Association Publishes Clearing Framework Agreement
2nd May 2013 BoE Publishes Paper on CCP Loss-Allocation Rules
2nd May 2013 SEC Proposes Rules For Cross-Border Security-Based Swap Activities
2nd May 2013 LSE Bids for LCH.Clearnet – Update

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