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23 August 2023

CPMI and IOSCO report highlights the need for central counterparties to have adequate resources and appropriate tools to address non-default

CPMI and IOSCO have today published a report on current central counterparty (CCP) practices to address non-default losses (NDL) arising, for example, from investment risk or cyber-attacks.
• CCPs must have policies, procedures and plans to address NDLs in accordance with the Principles for...

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