Repo transparency call with shadow banking in spotlight
The Financial Stability Board, along with the Bank of England’s Paul Tucker, will call on Friday for greater transparency in repo transactions, as the European Commission attempts to get a better grip on the challenges thrown up by shadow banking at a conference in Brussels.
Tucker is expected to call for a trade repository to be set up so that market participants and observers can access aggregate data on repo markets.
The Bank of Englands deputy governor will also call for authorities to be given powers to set minimum haircuts or margin levels in
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