European Union : : Publication of Financial Sector Assessment Program Documentation—Detailed Assessment of Observance of the CPSS-IOSCO Principles for Financial Market Infrastructures

• Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2013
• Descrizione fisica: 1 online resource (156 p.)
• Soggetto topico: Securities - State supervision - Europe; Banks and Banking; Investments: General; Money and Monetary Policy; Industries: Financial Services; General Financial Markets: General (includes Measurement and Data); Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems; Monetary Policy, Central Banking, and the Supply of Money and Credit: General; Banks; Depository Institutions; Micro Finance Institutions; Mortgages; Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill; Monetary economics; Investment & securities; Finance; Financial services law & regulation; Securities; Currencies; Credit; Collateral; Credit risk; Financial institutions; Money; Financial regulation and supervision; Financial instruments; Loans; Financial risk management
• Soggetto geografico: Belgium
• Note generali: Description based upon print version of record.
• Nota di contenuto: Cover; 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 ; F. 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 ; DETAILED 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
• Sommario/riassunto: This 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.
• Titolo autorizzato: European Union
• ISBN: 1-4755-2099-9; 1-4755-2164-2; 1-4755-2186-3
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910790715903321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Staff Country Reports; Country Report ; ; No. 2013/332