Central Counterparty Standards for Derivatives


SIFMA AMG, the American Council of Life Insurers, Investment Company Institute, Managed Funds Association, provided regulators with recommendations on central counterparty (CCP) standards for derivatives. Specifically, the recommendations seek to strengthen CCP resilience, recovery and resolution standards and protect the customers of clearing members. The recommendations were submitted to the U.S. Department of the Treasury, Commodity Futures Trading Commission, Federal Deposit Insurance Corporation, and U.S. Securities and Exchange Commission.