EACH has today responded to the FSB consultation report on Liquidity Preparedness for Margin and Collateral Calls. EACH supports the FSB’s work to enhance the liquidity preparedness of non-bank market participants for margin and collateral calls, as EACH believes it is important to ensure that all non-bank market participants taking part in clearing are as well-equipped as possible to manage liquidity demands during market stress.
The full high-level response can be read here.
For more information, please visit the EACH website at www.eachccp.eu