Art. 45 Organisation, business continuity and IT systems
(Art. 8, 13 and 14 FinMIA) 1 The central counterparty must appoint a risk committee that includes representatives of the participants, of the indirect participants and members of the body for governance, supervision and control. This committee shall advise the central counterparty on all matters that could have an impact on the risk management of the central counterparty. 2 The central counterparty shall arrange procedures, capacity planning and sufficient capacity reserves so that, in the event of a disruption, its systems can still process all transactions still open by the close of trading. |