CCP Global Publishes "Primer On CCP Credit Risk Monitoring"

CCP Global has published “Primer on CCP Credit Risk Monitoring”.

 This primer paper aims to provide information on the existing general practices of CCP credit risk management frameworks, with a focus on the monitoring mechanism. It also highlights that the comprehensive practices and tools, leveraging quantitative and qualitative factors, have enabled CCPs to proactively respond to any deteriorating creditworthiness of their counterparties and take appropriate corresponding actions, allowing CCPs to remain resilient in the recent market turmoil and volatility.