Updated 21/12/2024
In force

Version from: 12/08/2022
Amendments (1)
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Article 40 - Exposure management

Attention! This article will be amended on 24/12/2024. Please consult Regulation 2024/2987 to review the changes that will be made to the article.

Article 40

Exposure management

A CCP shall measure and assess its liquidity and credit exposures to each clearing member and, where relevant, to another CCP with which it has concluded an interoperability arrangement, on a near to real-time basis. A CCP shall have access in a timely manner and on a non-discriminatory basis to the relevant pricing sources to effectively measure its exposures. This shall be done on a reasonable cost basis.