introduction of mandatory central clearing for standardised over-the-counter derivatives in some jurisdictions. It is, therefore …, vital that each CCP is sufficiently resilient to withstand clearing member failures and other stress events. The final …

) derivatives. The central clearing of standardised OTC derivatives is a pillar of the G20 Leaders' commitments to reform OTC … concludes that the reforms - particularly capital requirements, clearing mandates and margin requirements for non …-centrally cleared derivatives - are achieving their goals of promoting central clearing, especially for the most systemic market …