💵New Liquidity Risk Framework Changes Approved for LCH SA
Self-Regulatory Organizations; LCH SA; Order Granting Approval of Proposed Rule Change Relating to Revisions to Its Liquidity Risk Modelling Framework
Summary
The Securities and Exchange Commission has approved revisions to LCH SA's Liquidity Risk Modelling Framework, enhancing its approach to managing liquidity risks associated with clearing services. The updates aim to clarify operational requirements, improve data accuracy, and ensure compliance with regulatory standards for effective liquidity management.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The content outlines significant changes to LCH SA's liquidity risk modelling framework, impacting compliance and regulatory requirements, particularly for clearing members' liquidity management. The adjustments enhance transparency and operational efficiency, which directly affect financial obligations and risk assessments for businesses involved in clearing and settlement processes.