Clearing mandate has prompted debate about the systemic risk associated with CCPs
Ekstrӧm, President at Nasdaq Clearing
G20 leaders summit in 2009 kick-started a crucial yet complex
process towards central clearing for derivatives. Implementing
EMIR, defining consistent rules for CCPs and introducing the
clearing obligation are all major tasks. The next logical step
is to tackle any risk associated with the new structure
– and with the European Commission due to release
technical standards soon, recovery and resolution is high on
This article is available to subscribers and registered users
Please log in to continue reading.
Not yet registered? Take a free trial.
If you have already taken a free trial you
have ongoing access to the analysis section of FOW.com including this story.
Log in using your details below to read.
Already have an account? |