Financial Services Financial Services

Clearinghouses' first EU climate stress test reveals 'non-negligeable' exposure

By Sofia Gerace
  • 09 Jul 2024 12:29
  • 09 Jul 2024 12:29
Clearinghouses have a "non-negligeable" exposure to climate risks, the EU’s financial markets regulator has said after stress tests across 16 central counterparties that studied climate risks for the first time.
The European Securities and Markets Authority found that 36 percent of the collateral that investors need to provide to clearinghouses

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