The trade body issued a paper with seven key recommendations for regulators
Influential trade body the International
Swaps and Derivatives Association has issued a hard-hitting
whitepaper that places the onus for clearing house recovery and
resolution firmly at the feet of the clearing houses
Isda’s whitepaper, named
"Considerations for central counterparty (CCP) resolution",
offers regulators seven key recommendations when thinking about
the measures they could introduce to mitigate the effect of a
clearing house collapsing.
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