CCP

CCP stands for central counterparty, short for central counterparty clearing house.

Context

 * The Basel Committee on Banking Supervision(BCBS) revealed interim rules for the capitalisation of bank exposures to central counterparties (CCPs).

External

 * CentralBanking.com, A CCP is a CCP is a CCP: "The challenge of establishing standards for CCP risk management and resilience is even more difficult when policymakers view CCPs through the lens of banking regulation", published on 27 April 2017.

Case law

 * , Judgment of the General Court (Fourth Chamber) of 4 March 2015. United Kingdom of Great Britain and Northern Ireland v European Central Bank (ECB). Economic and monetary policy - ECB - Action for annulment - Eurosystem Oversight Policy Framework - Challengeable act - Admissibility - Oversight of payment and securities settlement systems - Application to central counterparty clearing systems of a requirement to be located in a Member State party to the Eurosystem - Competence of the ECB. Case T-496/11.