The "FICC Capped Contingency Liquidity Facility® (CCLF®) Annual Test" webinar was originally delivered to FICC clients on May 22, 2019 to provide an overview of the planned CCLF Annual Test, scheduled for Monday, August 26, 2019 (Part 1) and Tuesday, August 27, 2019 (Part 2). Topics covered during this 19 minute presentation include:
- An overview of CCLF®,
- The objectives of this mandatory test,
- The requirements for ALL MEMBERS (regardless of their CCLF Cap) participating in Part 1 of the test,
- The requirements for those FICC Members who need to participate in Part 2 of the test (CCLF Redistribution Repos) and the Operational Mechanics involved,
- Delivery instruction information, and
- FICC contact information.
Presented by Boris Solovey, Director - GSD Product Management.