Tuesday 5 February 2013
Will moving OTC derivatives to CCPs reduce systemic risk?
“The global financial crisis drew attention to the serious risk that the over-the-counter (OTC) derivatives market presented to the broader economy. Following the financial crisis, regulators across the world made concerted efforts to improve the transparency and risks associated with the OTC derivatives market. The challenge has been to balance this with preserving the benefits they offer to the market.” <<READ MORE>>
Labels:
derivatives,
operational risk,
risk