II. What Are Credit Derivatives?
Derivatives are defined as the exchange or contract which has economic values deriving from the reference assets or index. According to their types, there are overall forward, future, option, and swap. Derivatives are the financial derivatives, which are enabled to trade in the market while consisting of separating the credit risk only to the holder of basic p
The leverage ratio is calculated in a comparable manner across jurisdictions, adjusting for any differences in accounting standards. The Committee has designed the leverage ratio to be a credible supplementary measure to the risk-based requirement with a view to migrating to a Pillar 1 treatment based on appropriate review and calibration.
4. Reducing procyclicality and promoting countercycli
신용평가사에 대한 규제
4) 경영진 보상과 관련된 공시 강화 및 지배구조 개선
5) 금융소비자 보호
투자자 보호 및 시장규율의 강화
중앙거래청산소 : CCP
(Central CounterParty clearing house)
장외에서 거래 당사자간에 체결된 파생상품거래를 중앙청산기관이 넘겨받아 청산결제서비스를 제공
3. Enhanced counterparty credit risk management
requirements
a comprehensive stress testing program for
counterparty credit risk
an independent risk control unit
It is a contract that the protection seller transfers credit risk which provides the amount of loss to the protection buyer if credit events promised in advance occur before the expiration.
The protection buyer trying to transfer the credit risk periodically pays for the premium, which is the cost for the risk, until the end of the contract.
Useful to hedge defau