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🔗 Back to Summary. 🇫🇷 French Version: 2013R0153_FR.37. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 36 – Maintenance of the amount of the CCP’s own resources to be used in the default waterfall ⬅️ | ➡️ Article 38 – Cash collateral
Références LVL1 <=> LVL2
Level 1 reference(s): 2012R0648_EN.46
Article 37 - General requirements
A CCP shall establish and implement transparent and predictable policies and procedures to assess and continuously monitor the liquidity of assets accepted as collateral and take remedial action where appropriate.
A CCP shall review its eligible asset policies and procedures at least annually. Such a review shall also be carried out whenever a material change occurs that affects the CCP’s risk exposure.