Comment & Analysis
CCP Recovery and Resolution: The good the bad and the costly by Nick Nicholls, GFT
The European Commission (EC) has announced a proposal for new rules that will ensure that Central Clearing Counterparties (CCPs) can be managed more effectively should they experience serious distress and failings. The announcement made on the 28 November 2016 seeks to address the concentration of risk in CCPs. It has…
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