BoE stress test finds UK CCPs resilient to stresses

BoE has published the results of its first supervisory stress-test of UK central counterparties. The exercise involved all UK CCPs, ICE Clear Europe Limited, LCH Limited and LME Clear Limited.  The CCPs showed themselves resilient to the scenario, and were also subject to a reverse stress test to identify what might fully deplete their prefunded and non-prefunded resources.

Emma Radmore