Framework outlines a set of financial resources and tools that should be readily available to a resolution authority in case of a central counterparty (CCP) resolution.
Overview of responses to the FSB consultation on financial resources and tools for central counterparty (CCP) resolution and the changes made to the consultation report in response to those comments.
This version of the Key Attributes incorporates additional guidance on financial resources and tools to support the orderly resolution of a central counterparty (CCP).
Revised guidance now includes a reference to assessing whether the resolution authority has access to a set of resolution-specific resources and tools.
A supplementary note on the digitalisation of critical shared services has been added to the 2016 Guidance on Arrangements to Support Operational Continuity in Resolution. The supplementary note aims to assist authorities and firms implement the guidance in the context of the increased dependencies on third-party service providers of critical shared services, and the digitalisation of such services.
