Chile Financial Sector Assessment Program : Detailed Assessment Report of CCLV (SSS), Contraparte Central, S.A.

World Bank Group

World Bank, Washington, DC

关键词: clearing and settlement;    financial regulation;    financial supervision;    credit risk;    liquidity risk;   

RP-ID  :  110705

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The Central Bank of Chile (Banco Centralde Chile, BCCh) and Chile’s Ministry of Finance, in theirletter of January 9th, 2015, requested the World Bank toundertake a stand-alone Review of Standards and Codes (ROSC)module of the Principles for Financial MarketInfrastructures (PFMI) of the Committee on Payments andMarket Infrastructures (CPMI) and the InternationalOrganization of Securities Commission (IOSCO). The main toolused by the assessment was the CPSS-IOSCO AssessmentMethodology for the Principles for Financial MarketInfrastructure and the Responsibilities of Authorities”.Each of the FMIs and Chilean authorities, the Banco Centralde Chile (BCCh), the Superintendencia de Valores y Seguros(SVS) and the Superintendencia de Bancos e InstitucionesFinancieras (SBIF) – completed a self-assessment for thePFMI and the Responsibilities of Authorities, respectively.On this basis, the WBG team and the local team conducteddetailed interviews with senior and mid-level managers ofall the respective institutions, and prepared the assessmentreports. In addition to the self-assessments, other sourcesof information included the applicable laws and regulations,as well as each FMI’s main policies and internal documents(e.g. detailed policies, and processes and procedures forcertain key areas) which were shared by the FMIs with theassessors, and other information available at each FMI’swebsite (e.g. statistics). The WBG and local teams also metwith a number of users of these FMIs, including two largecommercial banks and two brokers-dealers that are not partof local bank-lead conglomerates.