The robustness of CCPs therefore depends on the ability of their participants and critical service providers to meet all ongoing obligations under CCPs’ rules and arrangements (e.g. margin calls, contributions to default management and recovery, liquidity arrangements) in an effective and timely manner. Robust CCPs are equally important for banks.
The coming to fruition of these initiatives holds the potential of achieving the mission of doubling farmers’ income over time. We need to ensure that their benefits percolate down to all the intended recipients. 11. I will refrain from either prejudging or influencing the rich discussions that are expected to occupy your minds during the rest of the day.