OCC default fund up 19% in Q3
Hypothetical stress losses behind latest spike in member contributions
Source: risk.net
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Hypothetical stress losses behind latest spike in member contributions
Emergency facility extended $8bn at the start of the December, more than previous three months combined
Compressions driven by reductions in complexity and cross-border activity
Decline expected to continue as bank pays off final loans extended via EU-wide funding scheme
Lower repo exposures freed up capacity for derivatives and off-balance sheet items in third quarter