Concentration Risk in Central Counterparties

by name voted on 24.04.2024

Summary

This directive aims to improve financial stability by regulating how much risk financial institutions can take on with central counterparties (CCPs). It focuses on managing concentration risks, especially regarding important third-country clearing houses.

9 24.04.2024

Report

economy

finance

public administration

financial institutions and credit

Key points

Standardizing risk limits for investment funds when using central clearing services.
Reducing financial instability caused by heavy reliance on important non-EU clearing houses.
Requiring bank and investment firm management to create specific plans for monitoring concentration risks.
Giving regulators stronger tools to force companies to reduce their exposure to certain clearing houses if they become too risky.

Vote

PPE

S&D

Renew

PfE

Verts/ALE

ECR

The Left

NI

ESN

Total

Documents (PDFs)

PROVISIONAL AGREEMENT RESULTING FROM INTERINSTITUTIONAL NEGOTIATIONS Proposal for a directive of the European Parliament and of the Council Amending Directives 2009/65/EU, 2013/36/EU and (EU) 2019/2034 as regards the treatment of concentration risk towards central counterparties and the counterparty risk on centrally cleared derivative transactions DRAFT REPORT on the proposal for a directive of the European Parliament and of the Council amending Directives 2009/65/EU, 2013/36/EU and (EU) 2019/2034 as regards the treatment of concentration risk towards central counterparties and the counterparty risk on centrally cleared derivative transactions REPORT on the proposal for a directive of the European Parliament and of the Council amending Directives 2009/65/EU, 2013/36/EU and (EU) 2019/2034 as regards the treatment of concentration risk towards central counterparties and the counterparty risk on centrally cleared derivative transactions Treatment of concentration risk towards central counterparties and of the counterparty risk in centrally cleared derivative transactions

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