RISK MANAGEMENT
The CCV will have a Financial Safeguards System, which
will consist of a package of measures designed to ensure compliance with the
obligations arising from operations arranged by the agents and acting as a
reciprocal creditor and debtor.
Through Risk Management, the CCV may apply the Financial Safeguards System
measures, and manage Guarantee Funds constituted by the Liquidators agents and
/ or agents not Liquidators, in accordance with the criteria contained in the
Regulations and Manual and those established by the Risk Committee in this
regard.
The CCV may disclose information relating to the Financial Safeguards System
and resources it receives to ensure compliance with the obligations of its
reciprocal debtors and creditors in terms of Article 89 Bis
9 of the Mexican Market Law..
Guarantee Funds conformation
As part of the Financial Safeguard System, CCV must carry out the
following activities:
I. Calculate the closing and intraday day operational within the parameters and
timetables set out in the manual, according to the methodology determined the
effect the Risk Committee, guarantees that the Liquidators Agents and / or Not
Liquidators Agents should keep in guarantee funds, based on the market risk generated
for CCV.
II. Require under the previous calculation, to the and not Liquidator Agents,
in the hours and manner set forth in the Manual, the delivery of securities and
III. Manage according to the criteria and policies set by the Risk Committee,
guarantees that have been handed over by Liquidators and / or agents not
Liquidators Agents
CCV shall constitute tht
contribution Fund, the Compensation Fund and the Reserve Fund, as follows:
I. The Contribution Fund consistent with resources of the Liquidator and no
Liquidator Agents, whose minimum amount will be determined by the Risk
Committee, and the ordinary and extraordinary contributions, based on their
pending and failed obligations incorporated into the CCV systems, so it can be
registered
II. The Compensation Fund will comply with resources of the Liquidator and no
Liquidator Agents, the amount of which shall be determined by the CCV, based on
the monthly average balance of the required contributions to the Contribution
Fund.
III. The Reserve Fund will be integrated by the fact that the amounts
determined by the Board of Management and the cash that the CCV receives as a
result of differential cumulative Penalties, as well as the sanctions applied
to Liquidators an not Liquidators Agents.