Due to their central role and increasing importance after the GFC, CCPs themselves have become a systemic element of market structure. In consequence, ensuring the safety and integrity of the CCP model in the new regulatory framework has become of utmost importance in the agendas on financial reform. Since the G20 meetings in 2009, several regulations have been implemented to enhance the resilience of financial markets.
Professor Ron Berndsen from Tilburg University has published the CCP Academic Literature Database, which includes articles and publications about CCPs and clearing. The database can be found on the Warehouse Metaphor website.
Amendments to clearing obligations and standardisation
Amending Regulations (EU) No 648/2012, (EU) No 575/2013 and (EU) 2017/1131 as regards measures to mitigate excessive exposures to third-country central counterparties and improve the efficiency of Union clearing markets