What changes on 15/03/2013
The text in force from 10/10/2012 compared with the text from 15/03/2013.
126 inserted
0 amended
0 deleted
0 moved
Read the act as of 15/03/2013 · other versions: 15/06/2016 · 29/11/2022 · 07/03/2024
Chapter I
- inserted Article 1 - Definitions
Chapter II
Chapter III
- inserted Article 3 - Governance arrangements
- inserted Article 4 - Risk management and internal control mechanisms
- inserted Article 5 - Compliance policy and procedures
- inserted Article 6 - Compliance function
- inserted Article 7 - Organisational structure and separation of the reporting lines
- inserted Article 8 - Remuneration policy
- inserted Article 9 - Information technology systems
- inserted Article 10 - Disclosure
- inserted Article 11 - Internal auditing
Chapter IV
- inserted Article 12 - General requirements
- inserted Article 13 - Transaction records
- inserted Article 14 - Position records
- inserted Article 15 - Business records
- inserted Article 16 - Records of data reported to a trade repository
Chapter V
- inserted Article 17 - Strategy and policy
- inserted Article 18 - Business impact analysis
- inserted Article 19 - Disaster recovery
- inserted Article 20 - Testing and monitoring
- inserted Article 21 - Maintenance
- inserted Article 22 - Crisis management
- inserted Article 23 - Communication
Chapter VI
- inserted Article 24 - Percentage
- inserted Article 25 - Time horizon for the calculation of historical volatility
- inserted Article 26 - Time horizons for the liquidation period
- inserted Article 27 - Portfolio margining
- inserted Article 28 - Procyclicality
Chapter VII
- inserted Article 29 - Framework and governance
- inserted Article 30 - Identifying extreme but plausible market conditions
- inserted Article 31 - Reviewing extreme but plausible scenarios
Chapter VIII
- inserted Article 32 - Assessment of liquidity risk
- inserted Article 33 - Access to liquidity
- inserted Article 34 - Concentration risk
Chapter IX
- inserted Article 35 - Calculation of the amount of the CCP’s own resources to be used in the default waterfall
- inserted Article 36 - Maintenance of the amount of the CCP’s own resources to be used in the default waterfall
Chapter X
- inserted Article 37 - General requirements
- inserted Article 38 - Cash collateral
- inserted Article 39 - Financial instruments
- inserted Article 40 - Valuing collateral
- inserted Article 41 - Haircuts
- inserted Article 42 - Concentration limits
Chapter XI
- inserted Article 43 - Highly liquid financial instruments
- inserted Article 44 - Highly secured arrangements for the deposit of financial instruments
- inserted Article 45 - Highly secured arrangements maintaining cash
- inserted Article 45 - Concentration limits
- inserted Article 46 - Non-cash collateral
Chapter XII › Section 1
- inserted Article 47 - Model Validation
- inserted Article 48 - Testing programmes
Chapter XII › Section 2
- inserted Article 49 - Back testing procedure
Chapter XII › Section 3
Chapter XII › Section 4
- inserted Article 51 - Stress testing procedure
- inserted Article 52 - Risk factors to stress test
- inserted Article 53 - Stress testing total financial resources
- inserted Article 54 - Stress testing liquid financial resources
Chapter XII › Section 5
- inserted Article 55 - Maintaining sufficient coverage
- inserted Article 56 - Review of models using test results
Chapter XII › Section 6
- inserted Article 57 - Reverse stress tests
Chapter XII › Section 7
Chapter XII › Section 8
- inserted Article 59 - Frequency
Chapter XII › Section 9
- inserted Article 60 - The time horizons
Chapter XII › Section 10
- inserted Article 61 - Information to be publicly disclosed
- inserted Article 62 - Entry into force and application
Outside any heading
- inserted Recital 1
- inserted Recital 2
- inserted Recital 3
- inserted Recital 4
- inserted Recital 5
- inserted Recital 6
- inserted Recital 7
- inserted Recital 8
- inserted Recital 9
- inserted Recital 10
- inserted Recital 11
- inserted Recital 12
- inserted Recital 13
- inserted Recital 14
- inserted Recital 15
- inserted Recital 16
- inserted Recital 17
- inserted Recital 18
- inserted Recital 19
- inserted Recital 20
- inserted Recital 21
- inserted Recital 22
- inserted Recital 23
- inserted Recital 24
- inserted Recital 25
- inserted Recital 26
- inserted Recital 27
- inserted Recital 28
- inserted Recital 29
- inserted Recital 30
- inserted Recital 31
- inserted Recital 32
- inserted Recital 33
- inserted Recital 34
- inserted Recital 35
- inserted Recital 36
- inserted Recital 37
- inserted Recital 38
- inserted Recital 39
- inserted Recital 40
- inserted Recital 41
- inserted Recital 42
- inserted Recital 43
- inserted Recital 44
- inserted Recital 45
- inserted Recital 46
- inserted Recital 47
- inserted Recital 48
- inserted Recital 49
- inserted Recital 50
- inserted Recital 51
- inserted Recital 52
- inserted Recital 53
- inserted Recital 54
- inserted Recital 55
- inserted Recital 56
- inserted Recital 57
- inserted Recital 58
- inserted Recital 59
- inserted Recital 60
- inserted Preamble
- inserted Annex I
- inserted Annex II