Central Counterparties Resolution—An Unresolved Problem

Central Counterparties Resolution—An Unresolved Problem
Recovery and resolution regimes are being developed for central counterparties (CCPs). We analyse current resolution tools in the context of policy, which is to restore the critical functions of a failed CCP. We conclude that the toolkit is insufficient to avoid the costs of resolution being borne by taxpayers, and propose alternative... READ MORE...

Publication date: March 2018
ISBN 9781484347300
$18.00

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