The Committee on Payments and Markets Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) have announced that they are undertaking a review of stress testing by central counterparties (CCPs).

The CPMI – IOSCO Principles for Financial Market Infrastructures require CCPs to carry out rigorous stress testing to determine the financial resources they need to manage both credit and liquidity risk, including a wide range of stress scenarios covering a variety of extreme but plausible market conditions.

View CPMI-IOSCO begins review of stress testing by central counterparties, 11 March 2015