Basel proposals reduce need to sign guaranteed portability agreements

pass-on-baton

Revisions to proposed capital rules on central counterparty (CCP) exposures reduce the need for banks that clear via a clearing member to enter into contractual agreements with another dealer, to accept their cleared trades in the event of a default of the original clearing member.

A previous consultation paper, published by the Basel Committee on Banking Supervision last December, had stipulated that bank clients that clear via a clearing member can only apply preferential risk weights for clea

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: