ECB’s Cœuré calls for 'deeper analysis' of CCP crises

Benoît Cœuré

There is still be work to be done in the field of central counterparty (CCP) recovery, according to European Central Bank (ECB) executive board member Benoît Cœuré.

Cœuré told an audience at a Eurex Clearing conference that regulators must ensure the CPMI–Iosco guidance on recovery tools is implemented "effectively and consistently" across the globe.

"[The] report leaves a wide range of options for CCPs to meet the requirements put forward," he said. "We need to make sure that their

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