Page 48 - 期货和衍生品行业监管动态（2023年11月刊）

期货和衍生品行业监管动态

The exercise taking place this week entails over 30 CCPs simultaneously running

a simulation of their default management processes. It is jointly coordinated by ESMA,

in cooperation with EU and non-EU authorities, CCPs, and industry associations.

During the next days, the participating CCPs will simulate the default of a

hypothetical common defaulting clearing member and run their own default

management processes. The fact that they are executing this test at the same time may

help identify potential operational bottlenecks in the procedures, such as the fact that

they may solicit non-defaulting clearing members at the same time.

In addition, the exercise is expected to bring benefits to financial stability by

providing a chance to share default management best practices among CCPs.

https://www.esma.europa.eu/press-news/esma-news/esma-and-eu-ccps-participate-

global-fire-drill

15. 欧盟监管当局发布关于外部信用评估机构评级对应关系的修订技术标准

（2023 年 11 月 13 日）

由欧盟三家监管机构组成的联合委员会（包括欧盟银行业管理局 EBA、欧

盟保险和职业养老金管理局 EIOPA 以及欧盟证券与市场管理局 ESMA，上述统

称为欧盟监管当局 ESAs）根据《欧盟资本要求条例》（Capital Requirements

Regulation，CRR）和《欧盟偿付能力指令 II》（Solvency II），发布了两项关于

外部信用评级机构（ECAIs）信用评级对应关系的修订实施技术标准（ITS）。这

些修订反映了对现有评级对应关系充分与否的监测结果，以及取消三家信用评

级机构（CRAs）注册的情况。

在修订后的实施技术标准中，ESAs 建议改变四家信用评估机构的信用质量

等级（CQS）分配，并对七家信用评估机构采用新的或修订后的信用评级表。此

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