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MIR 4.7.14

Past version: effective from 21/10/2015 - 20/10/2015
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A Recognised Clearing House must establish and implement a robust process to manage:

(a) its current and potential future credit and market risk exposures to market counterparties, including Members and other participants on its facilities; and
(b) credit risks arising from its payment, Clearing, and settlement processes.