Search: CCP
RBA Glossary definition for CCP
CCP – Central counterparty
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CCPs and Banks: Different Risks, Different Regulations
17 Dec 2015
Bulletin
– December 2015
Recent debate on the adequacy of regulatory standards for central counterparties (CCPs) has often drawn on the experience of bank regulation. This article draws out the essential differences between CCPs and banks, considering the implications of
https://www.rba.gov.au/publications/bulletin/2015/dec/8.html
Skin in the Game – Central Counterparty Risk Controls and Incentives
18 Jun 2015
Bulletin
– June 2015
The increasing systemic importance of central counterparties (CCPs) has seen recent policy debates focus on the ability of CCPs to withstand a crisis effectively. CCPs maintain prefunded financial resources to cover the potential losses arising from
https://www.rba.gov.au/publications/bulletin/2015/jun/9.html
Central Counterparty Margin Frameworks
7 Dec 2017
Bulletin
– December 2017
A central counterparty's (CCP's) margin framework can affect the activity of market participants and the broader functioning of the financial system. This potential impact on financial stability is an area of focus for authorities – in Australia
https://www.rba.gov.au/publications/bulletin/2017/dec/10.html
Central Counterparty Interoperability
10 Jun 2012
Bulletin
– June 2012
The three contracts are between:. the buyer and its CCP;. the two CCPs; and. ... This allows access to multiple CCPs' participant networks without the costs of maintaining multiple CCP memberships.
https://www.rba.gov.au/publications/bulletin/2012/jun/7.html
CCPs and Banks: Different Risks, Different Regulations
15 Dec 2015
Bulletin
December Quarter 2015
PDF
159KB
https://www.rba.gov.au/publications/bulletin/2015/dec/pdf/bu-1215-8.pdf
The Global Financial Environment
9 Oct 2020
FSR
– October 2020
CCPs have operated effectively, including throughout the period of market dysfunction in March. ... These events were managed without any loss to the CCPs or their other participants.
https://www.rba.gov.au/publications/fsr/2020/oct/global-financial-environment.html
Description for Figures in June Quarter 2012 Bulletin article: Central Counterparty Interoperability
10 Jun 2012
Bulletin
– June 2012
The right-hand side diagram illustrates a trade being novated through a CCP link (the link permits the CCPs to hold trading obligations to each other) – after a trade occurs between ... participants of separate CCPs, the trade is novated into three
https://www.rba.gov.au/publications/bulletin/2012/jun/d-article-7-figures.html
The Australian Financial System
10 Mar 2015
FSR
– March 2015
In the case of CCPs, work is underway globally to further enhance their resilience. ... The FSS for CCPs impose requirements on several aspects of a CCP's operations such as its legal basis, governance, risk management and disclosures.
https://www.rba.gov.au/publications/fsr/2015/mar/aus-fin-sys.html
The Australian Financial System
10 Sep 2013
FSR
– September 2013
Financial market infrastructures (FMIs), such as payment systems, central counterparties (CCPs) and securities settlement systems, facilitate most financial transactions and trading activity in the economy. ... CCPs. The notional value of interest rate
https://www.rba.gov.au/publications/fsr/2013/sep/aus-fin-sys.html
The Australian Financial System
10 Sep 2014
FSR
– September 2014
CCPs provide centralised management of counterparty risk to their participants. In Australia there are three licensed CCPs:. ... Amongst other changes, the revised FSS introduced more detailed requirements for the validation of CCP risk models.
https://www.rba.gov.au/publications/fsr/2014/sep/aus-fin-sys.html