Germany: Financial Sector Assessment Program-Detailed Assessment of Observance on the Eurex Clearing AG Observance of the CPSS-IOSCO Principles for Financial Market Infrastructures
IMF Staff Country Reports, June 29, 2016
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- Germany: Financial Sector Assessment Program-Detailed Assessment of Observance on the Eurex Clearing AG Observance of the CPSS-IOSCO Principles for Financial Market Infrastructures
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Bibliographic details
- Published: June 29, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475564631.002
Overview and scope
- Publication date: June 29, 2016
- Document type: IMF Staff Country Reports
- Purpose: Detailed assessment of observance on the Eurex Clearing AG observance of the Committee on Payment and Settlement Systems-International Organization of Securities Commissions principles for financial market infrastructures.
- Core subject areas: Central counterparty clearing house, Collateral, Credit, Financial institutions, Financial markets, Financial regulation and supervision, Money, Operational risk, Securities.
Description of Eurex Clearing AG and services assessed
- Entity assessed: Eurex Clearing AG, a global central counterparty clearing house.
- Cleared product range: both listed and over-the-counter (OTC) products.
- Post-trade and market coverage:
- Fully automated and straight-through post trade services to the derivatives markets Eurex Deutschland and Eurex Zürich.
- Services to the Frankfurt Stock Exchange.
- Services to the multilateral trading systems of Eurex Bonds GmbH and Eurex Repo GmbH.
- Services to the Irish Stock Exchange.
- Clearing services for OTC interest rate derivatives (Eurex OTC Clear).
- Clearing services for transactions in cash equities, bonds, repos, derivatives, secure funding, securities financing, and transactions.
Key themes, findings, and focal points
- Assessment focus: observance of CPSS-IOSCO principles for financial market infrastructures as applied to Eurex Clearing AG.
- Risk and control topics highlighted in metadata (keywords):
- BCM Policy, business strategy, central bank, Central counterparty clearing house, Collateral, conditions of Eurex Clearing, CR, Credit, credit risk, default management process, Fund contribution, Global, initial margin, internal audit, investment strategy, ISCR, Members transaction, Operational risk, recovery plan, Risk framework, risk management, risk model, Securities.
Publication metadata and identifiers
- Pages: 211
- Volume: 2016
- Issue: 197
- Series: Country Report No. 2016/197
- DOI: https://doi.org/10.5089/9781475564631.002
- Stock No: 1DEUEA2016009
- ISBN: 9781475564631
- ISSN: 1934-7685
International Monetary Fund. Monetary and Capital Markets Department "Germany: Financial Sector Assessment Program-Detailed Assessment of Observance on the Eurex Clearing AG Observance of the CPSS-IOSCO Principles for Financial Market Infrastructures", IMF Staff Country Reports 2016, 197 (2016).
Content in this bundle
- Executive Summary — _cr16197