NO.PZ2019052801000096
问题如下：
The risk that CCP will face only in the period of financial crisis is:
选项：
A.Model risk.
B.Liquidity risk.
C.legal risk.
D.Settlement and payment risk.
解释：
D is correct.
考点：risks faced by CCPs
解析：default risk, model risk, liquidity risk, legal risk 和operational risk是CCP在经济危机和经济正常期都会面临的风险，而settlement and payment risk它指的是银行不能为CCP和成员提供现金结算业务的风险， 这种风险在正常时期不太可能存在，但在危机期间更可能存在。
The risk that CCP will face only in the period of financial crisis is:Settlement and payment risk.
无法提供现金结算不是liquidity risk吗？讲义好像也没有提到Settlement and payment risk.
