Assessment of the accuracy of the central counterparty model – definition and meaning of "Assessment of the accuracy of the central counterparty model"

Evaluation of the accuracy of the central counterparty's model — evaluation of the accuracy of risk assessment models used by the central counterparty by comparing the values of the indicator predicted by the risk assessment model with the actual observed values of that indicator¹.

Federal Law No. 7-FZ dated February 7, 2011 "On Clearing and Clearing Activities", as amended on May 1, 2019, Article 22, paragraph 8 // Official Gazette of the Russian Federation. 2011. No. 7. Page 904. ↩