NCC Clearing Bank has carried out the self-assessment of compliance with international CPSS-IOSCO Principles for financial market infrastructures. The self-assessment has been implemented in accordance with the Central Bank of Russia recommendations containing in the letter N 59-T dated April 14th,2014.
The self-assessment results have indicated that as of the period the assessment was carried out NCC has been observing the majority of principles applicable to Central Counterparties (CCP). There are comprehensive commentaries on some principles that broadly observed.
Information disclosure via this document will enhance NCC transparency and will simplify the awareness of processes describing the NCC functioning as the CCP at Moscow Exchange.
