Central Counterparties Resolution An Unresolved Problem
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Central Counterparties Resolution—An Unresolved Problem
Author | : Mr.Manmohan Singh |
Publisher | : International Monetary Fund |
Total Pages | : 23 |
Release | : 2018-03-20 |
Genre | : Business & Economics |
ISBN | : 1484348427 |
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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 policy suggestions for addressing the problem of a failed CCP.
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