Central Counterparties

GPTKB entity

Statements (49)
Predicate Object
gptkbp:instanceOf gptkb:financial_technology
gptkbp:benefit Reduce systemic risk
gptkbp:emergedIn Global financial crisis 2008
gptkbp:example gptkb:Eurex_Clearing
gptkb:LCH.Clearnet
gptkb:CME_Clearing
gptkb:ICE_Clear
gptkbp:function Mitigate counterparty risk
Facilitate clearing and settlement
https://www.w3.org/2000/01/rdf-schema#label Central Counterparties
gptkbp:importantFor Critical for financial stability
gptkbp:mandate gptkb:Dodd-Frank_Act_(US)
G20 reforms
EMIR (EU)
gptkbp:operatesIn gptkb:Securities_markets
Commodities markets
Derivatives markets
gptkbp:oversees Central banks
Securities regulators
gptkbp:provides Transparency
Novation
Operational efficiency
Netting
Default management
Risk mutualization
gptkbp:regulates Financial regulators
gptkbp:relatedTo gptkb:settlement
Clearing house
Central Securities Depository
Trade repository
gptkbp:requires Margin requirements
Default fund contributions
Daily mark-to-market
Default waterfall
Membership criteria
gptkbp:riskFactor Legal risk
Credit risk
Liquidity risk
Operational risk
Concentration risk
Cyber risk
gptkbp:riskManagement Stress testing
Collateral management
Default management procedures
gptkbp:role Interpose between buyer and seller
gptkbp:subject Recovery and resolution planning
CPMI-IOSCO Principles for Financial Market Infrastructures
gptkbp:bfsParent gptkb:financial_technology
gptkbp:bfsLayer 4