CRMPG

(redirected from Counterparty Risk Management Policy Group)
AcronymDefinition
CRMPGCounterparty Risk Management Policy Group
References in periodicals archive ?
Financial regulators in the United States and abroad have for many years been guided by the principle that CCRM--not hedge fund regulation--is the optimal way to control hedge fund leverage and limit systemic vulnerabilities (see, for example, President's Working Group on Financial Markets [1999], Financial Stability Forum [2000, 2007], Counterparty Risk Management Policy Group II [2005], Financial Services Authority [2005], Parkinson [2006], and Bernanke [2006]).
Alternatively, these findings may lend support to Rajan's (2005) assertion of herding behavior among asset managers generally, a concern also raised by the Counterparty Risk Management Policy Group II (2005) in what it calls "crowded trades," but disputed by EDHEC Risk and Asset Management Research Centre (2006).
One of the most difficult and important issues to be addressed by the Counterparty Risk Management Policy Group involves the exchange of information between creditors and counterparties.
It is expected that a major contribution in this area will be made by the Counterparty Risk Management Policy Group.
In particular, we look forward to the reports and recommendations of the Counterparty Risk Management Policy Group that will provide additional practical tools for implementing both industry and supervisory sound practices in counterparty credit risk management.