Speaking at the Eurex conference in Frankfurt on Thursday, Gaspard Bonin. Deputy Global Head of Derivatives Execution & Clearing at BNP Paribas, expressed relief that an agreement was reached on February 7
<p><span>The EACH General Assembly met on Thursday 19</span><span>th</span><span> May and Friday 20</span><span>th</span><span> May 2022 to celebrate 30 years working towards an increasingly robust ecosystem of transparent and independent risk management for the benefit of the users of capital markets, therefore promoting safer and more efficient access to financing and hedging opportunities.</span></p>
The European Association Of CCP Clearing Houses (EACH) General Assembly Reviews The Resilience Of European CCPs Date
The EACH General Assembly met on Friday 21
st May for its Annual General Meeting and stressed the crucial role played by CCPs in providing a resilient environment for participants in capital markets to manage risks through robust risk management.
A robust response to the COVID-19 market stress, an unprecedented market environment
with historical volatility and market moves, which demonstrated the importance of CCPs through a real-life test.
A successful completion of the ESMA Stress Tests[1], which represented another milestone in the confirmation that European CCPs are resilient and well equipped to withstand extreme market developments.