Capital buffers for CCPs ‘the way forward’, says CPMI chair

ECB board member Benoît Cœuré calls for minimum capital requirement and stress testing of CCPs

Benoit Coeure
Benoît Cœuré, CPMI chair: “I would be very much in favour of the concept of a Pillar 2 for CCPs”

Central counterparties (CCPs) should be subject to a similar regime of minimum capital requirements and stress testing as banks, says Benoît Cœuré, a member of the executive board of the European Central Bank and chair of the Basel-based Committee on Payments and Market Infrastructures (CPMI).

Speaking in an exclusive interview with Risk.net, Cœuré criticises the current debate around recovery and resolution for CCPs as being too general and not focusing enough on the specific circumstances of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

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 individual account here