The Bank for International Settlements‘ CPMI and IOSCO have jointly released a repor
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The Bank for International Settlements‘ CPMI and IOSCO have jointly released a report addressing central counterparty practices for handling NDLs. The report emphasizes the importance of CCPs having adequate resources and appropriate tools to manage NDLs. In August 2022, CPMI and IOSCO initiated a discussion paper on central counterparty practices for NDLs entitled „Discussion paper on central counterparty practices to address non-default losses. The ...