Sentences with phrase «on central counterparties»

Not exact matches

This work recognised that, in meeting the G - 20 commitments, market participants in some jurisdictions may be reliant on offshore - based central counterparties.

In the Council's view, any additional risks associated with reliance on an overseas - based central counterparty may be managed through implementation of the Financial Stability Board's four safeguards.

On June 14, the European Securities and Markets Authority added CME Group to its list of recognized third - country central counterparties.

This depends on whether the «some party» is a specific institution or individual (e.g. a bank) or a central counterparty (e.g. the Options Clearing Corporation).

The counterparties of the central bank in these lender of last resort operations were commercial banks (shorthand for deposit - taking institutions whose main liabilities were deposits withdrawable on demand and subject to a sequential service (first - come, first served) constraint.

Modern central counterparty clearing (CCP) provides clearing services, and also takes on the counterparty risk of the counterparties (member banks and broker - dealers).

In the physical word, exchanging assets is fraught by risks and problems, such as potential theft and reliance on an escrow agent or central counterparty.

The key innovation is a public blockchain that eliminates the need for a central counterparty to act as a third party to financial transactions, relying instead on a decentralised peer - to - peer network secured by advanced cryptography.