Financial Stability Board: Consultation on guidance on assessing the adequacy of financial resources for CCP resolution
The Financial Stability Board is consulting on Guidance on financial resources to support CCP resolution and on the treatment of CCP equity in resolution (Guidance).
Part I of the Guidance proposes five steps to guide supervisory authorities in assessing the adequacy of a central counterparty (CCP)’s financial resources and the potential financial stability implications of their use.
Part II of the Guidance addresses the treatment of CCP equity in resolution.
Stakeholders are expected to provide feedback by July 31, 2020. Additional details are available here.
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