Qualified central counterparty – definition and meaning of "Qualified central counterparty"

Qualified central counterparty — a central counterparty whose management quality has been recognized by the Bank of Russia as satisfactory in accordance with a regulatory act of the Bank of Russia¹.

Federal Law No. 7-FZ dated February 7, 2011 "On Clearing and Clearing Activities", as amended on May 1, 2019, Article 2, subpara. 1.1 // RSZ RF. 2011. No. 7. Art. 904. ↩