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.