QCCP

(redirected from Qualified Central Counterparty)
AcronymDefinition
QCCPQualified Central Counterparty
QCCPQuick Change Card Plate
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In order to implement Paragraph 2, Clause 2.8 of the Regulation, the following credit ratings shall be established for resident banks with which the qualified central counterparty is allowed only to deposit collective clearing collateral in rubles and/or foreign currency, and/or precious metals:
In order to implement Paragraph 2, Clause 2.5 of the Regulation, the following credit ratings shall be established for resident banks with which the qualified central counterparty is allowed to open correspondent accounts in rubles, foreign currency and precious metals:
In order to implement Paragraph 4, Clause 2.5 of the Regulation, the following credit ratings shall be established for resident banks with which the qualified central counterparty is allowed to open clearing accounts:
SHCH, set up on November 28, 2009, has been certified as the Qualified Central Counterparty for Chinese commercial bonds by the Peoples Bank of China (PBoC).
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