European Parliament Library

United States :, Publication of Financial Sector Assessment Program Documentation: Detailed Assessment of Observance of the National Securities Clearing Corporation’s Observance of the CPSS-IOSCO Recommendations for Central Counterparties

Abstract
This paper discusses key findings of the Detailed Assessment of Observance of the National Securities Clearing Corporation’s (NSCC) Observance of the Committee on Payment and Settlement Systems/International Organization of Securities Commissions (CPSS–IOSCO) Recommendations for Central Counterparties (CCP) for the United States. The assessment recommends that a CCP should have a well-founded, clear, and transparent legal basis in the relevant jurisdictions. A CCP should require participants to have sufficient financial resources and robust operational capacity to meet obligations arising from participation in the CCP
Table Of Contents
Cover; Contents; Glossary; Tables; 1. Detailed Assessment of Observance of the National Securities Clearing Corporation (NSCC) of the CPSS-IOSCO Recommendations for Central Counterparties; 2. Summary of the Detailed Assessment of the Observance of the National Securities Clearing Corporation (NSCC) of the CPSS-IOSCO Recommendations for Central Counterparties; 3. Actions to Improve Compliance
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (32 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781282847873

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