The report by Rapporteur Swinburne focuses specifically on CCPs and CSDs as key critical market infrastructure that needs strong recovery and resolution rules as a priority.
The European Parliament’s Committee on Economic and Monetary Affairs (ECON) issued a report on recovery and resolution frameworks for non-bank institutions. The report focuses specifically on central counterparties (CCPs) and central securities depositories (CSDs) as key critical market infrastructure that needs strong recovery and resolution rules as a priority.
The report also acknowledges that there are many other entities that are non-bank financial institutions, including insurance undertakings, asset managers and payment systems.
Full report
© European Parliament
Key
Hover over the blue highlighted
text to view the acronym meaning
Hover
over these icons for more information
Comments:
No Comments for this Article