LEADER 06877oam 22014534 450 001 9910809249903321 005 20240402024144.0 010 $a1-4755-2099-9 010 $a1-4755-2164-2 010 $a1-4755-2186-3 035 $a(CKB)2550000001180117 035 $a(EBL)1588589 035 $a(SSID)ssj0001157902 035 $a(PQKBManifestationID)11684055 035 $a(PQKBTitleCode)TC0001157902 035 $a(PQKBWorkID)11209386 035 $a(PQKB)10089802 035 $a(MiAaPQ)EBC1588589 035 $a(Au-PeEL)EBL1588589 035 $a(CaPaEBR)ebr10825469 035 $a(CaONFJC)MIL560231 035 $a(OCoLC)867928671 035 $a(IMF)1EUREE2013017 035 $a(IMF)1EUREA2013017 035 $a(EXLCZ)992550000001180117 100 $a20020129d2013 uf 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aEuropean Union : $ePublication of Financial Sector Assessment Program Documentation?Detailed Assessment of Observance of the CPSS-IOSCO Principles for Financial Market Infrastructures 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2013. 215 $a1 online resource (156 p.) 225 1 $aIMF Staff Country Reports 300 $aDescription based upon print version of record. 311 $a1-4755-1383-6 311 $a1-306-28980-7 327 $aCover; CONTENTS; GLOSSARY; EXECUTIVE SUMMARY; BACKGROUND, KEY FINDINGS, AND FOLLOW UP; A. Introduction; B. Methodology and Information Used for the Assessment; C. Overview of Clearing and Settlement Landscape in which Euroclear Bank Operates; Figures; 1. Euroclear Group Organization Structure; 2. Role of Euroclear Bank as Settlement System in the Global Markets; D. Overview of Clearing and Settlement Landscape in which the ESE CSDS Operate; E. Key Findings and Follow up for Euroclear Bank; 3. Role of the ESES CSDs in the Securities Markets of Belgium, France, and the Netherlands 327 $aF. Key Findings and Follow up for the Authorities of the ESES CSDS Tables; 1. Ratings Summary of Euroclear Bank; 2. Ratings Summary Responsibilities for the Authorities of Euroclear; G. Recommendations for Euroclear Bank; 3. Ratings Summary of Responsibilities for Authorities of ESES CSDs; 4. List of Prioritized Recommendations Euroclear Bank; H. Recommendations Authorities ESES CSDs; 5. List of Prioritized Recommendations ESES CSDs; DETAILED ASSESSMENT FOR EUROCLEAR BANK; DETAILED ASSESSMENT RESPONSIBILITIES AUTHORITIES EUROCLEAR BANK 327 $aDETAILED ASSESSMENT RESPONSIBILITIES AUTHORITIES ESES CSDS AUTHORITIES' RESPONSE; Appendixes; 1. Key Statistics 2011; 2. List of Memorandum of Understandings and Other Cooperation Agreements for Euroclear Bank; 3. Key Statistics Euroclear Settlement for ESES CSDs 2011 330 3 $aThis paper discusses the main findings of the Detailed Assessment of Observance of the Committee on Payment and Settlement Systems?International Organization of Securities Principles for Financial Market Infrastructures (FMIs) for the European Union. Euroclear Bank?s risk framework is generally sound. Euroclear Bank should become operationally ready to fully implement plans for recovery and the orderly winding-down of operations. In anticipation of the emerging international regulatory standards and frameworks on recovery and resolution of FMIs, Euroclear Bank has developed recovery plans and plans for the orderly winding down of its operations. Important risk measures have been taken to reduce credit risk, but further improvements are needed to comply with the international standards. 410 0$aIMF Staff Country Reports; Country Report ;$vNo. 2013/332 606 $aSecurities$xState supervision$zEurope 606 $aBanks and Banking$2imf 606 $aInvestments: General$2imf 606 $aMoney and Monetary Policy$2imf 606 $aIndustries: Financial Services$2imf 606 $aGeneral Financial Markets: General (includes Measurement and Data)$2imf 606 $aMonetary Systems$2imf 606 $aStandards$2imf 606 $aRegimes$2imf 606 $aGovernment and the Monetary System$2imf 606 $aPayment Systems$2imf 606 $aMonetary Policy, Central Banking, and the Supply of Money and Credit: General$2imf 606 $aBanks$2imf 606 $aDepository Institutions$2imf 606 $aMicro Finance Institutions$2imf 606 $aMortgages$2imf 606 $aFinancing Policy$2imf 606 $aFinancial Risk and Risk Management$2imf 606 $aCapital and Ownership Structure$2imf 606 $aValue of Firms$2imf 606 $aGoodwill$2imf 606 $aMonetary economics$2imf 606 $aInvestment & securities$2imf 606 $aFinance$2imf 606 $aFinancial services law & regulation$2imf 606 $aSecurities$2imf 606 $aCurrencies$2imf 606 $aCredit$2imf 606 $aCollateral$2imf 606 $aCredit risk$2imf 606 $aFinancial institutions$2imf 606 $aMoney$2imf 606 $aFinancial regulation and supervision$2imf 606 $aFinancial instruments$2imf 606 $aLoans$2imf 606 $aFinancial risk management$2imf 607 $aBelgium$2imf 615 0$aSecurities$xState supervision 615 7$aBanks and Banking 615 7$aInvestments: General 615 7$aMoney and Monetary Policy 615 7$aIndustries: Financial Services 615 7$aGeneral Financial Markets: General (includes Measurement and Data) 615 7$aMonetary Systems 615 7$aStandards 615 7$aRegimes 615 7$aGovernment and the Monetary System 615 7$aPayment Systems 615 7$aMonetary Policy, Central Banking, and the Supply of Money and Credit: General 615 7$aBanks 615 7$aDepository Institutions 615 7$aMicro Finance Institutions 615 7$aMortgages 615 7$aFinancing Policy 615 7$aFinancial Risk and Risk Management 615 7$aCapital and Ownership Structure 615 7$aValue of Firms 615 7$aGoodwill 615 7$aMonetary economics 615 7$aInvestment & securities 615 7$aFinance 615 7$aFinancial services law & regulation 615 7$aSecurities 615 7$aCurrencies 615 7$aCredit 615 7$aCollateral 615 7$aCredit risk 615 7$aFinancial institutions 615 7$aMoney 615 7$aFinancial regulation and supervision 615 7$aFinancial instruments 615 7$aLoans 615 7$aFinancial risk management 676 $a332.152 712 02$aInternational Monetary Fund. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910809249903321 996 $aEuropean Union$960050 997 $aUNINA