Contents
- 1. For each currency of any of the securities settlement syst…
- 10. The liquidity risk framework of the CSD-banking service pr…
- 11. The requirements of this Article regarding the liquidity r…
- 12. The CSD-banking service provider shall review the procedur…
- 2. For each currency of any of the securities settlement syst…
- 3. For the purpose of meeting its minimum qualifying liquid r…
- 4. For the risk of unexpected disruptions to its intraday liq…
- 5. For the purposes of paragraph 2, the CSD-banking service p…
- 6. The set of historical and hypothetical scenarios used to i…
- 7. The liquidity risk framework shall consider, quantitativel…
- 8. The CSD-banking service provider shall identify how the in…
- 9. The CSD-banking service provider shall ensure that its liq…
3.For the purpose of meeting its minimum qualifying liquid resource requirement, a CSD-banking service provider shall identify and manage the risks to which it would be exposed following the default of at least two participants, including their parent undertaking and subsidiaries, to which it has the largest liquidity exposure.
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