ESMA launches 2021 Central Counterparties Stress Test

07 June 2021

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Provider: 
ECEC
URL: 
https://www.esma.europa.eu/press-news/esma-news/esma-launches-2021-central-counterparties-stress-testhttps://www.esma.europa.eu/press-news/esma-news/esma-launches-2021-central-counterparties-stress-test
Retrieved on: 
Tuesday, June 8, 2021
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Tags: 
Feminine given names, Financial markets, Systemic risk, Finance, Agencies of the European Union, European Union, European Securities and Markets Authority, Esma, Stress test, Central counterparty clearing, Trade Repository
Summary
Key Points: 
  • 07 June 2021

    CCP Directorate

    Post Trading

    Press Releases

    The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, has today published the framework for its fourth Stress Test for Central Counterparties (CCPs).

  • In this respect, the ESMA CCP Stress Test is an essential supervisory tool that contributes to financial stability and supervisory convergence in the EU.
  • The new stress test exercise has the following components:

    ESMA will also carry out an additional analysis of CCPs resources and participants.

  • The purpose of the stress test is to assess a CCPs resilience to macro-economic scenarios that can have a global impact.
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