NO.PZ2024050101000060
问题如下:
Compare to the special purpose vehicle (SPV), the derivative product company (DPC) and the monoline insurance models, Which of the following statements is an enhancement offered by the central counterparty (CCP)?
选项:
A.
enables financial institutions to remove assets from their balance sheets
B.
enables counterparty risk to be outsourced, but in a non-diversified format
C.
spreads losses over a group of counterparties to minimize potential systemic risk
D.
provides external counterparties with a degree of protection against counter-party risk by protecting against the failure of the parent
解释:
Through the collateralization and loss mutualization processes, a CCP spreads losses over a group of counterparties—and, in the process, reduces potential systemic risk. SPVs and DPCs are entities that remove assets from a financial institution’s balance sheet. Monolines enable counterparty risk outsourcing in a non-diversified format. In the event that a member fails in the CCP structure, all other member firms are impacted through loss mutualization. The DPC structure provides external counterparties with a degree of protection against counter-party risk by protecting against the failure of the DPC parent.
ruti...............