Clearing banks push FSB on skin in the game, cash calls

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By Ross Lancaster
06 Aug 2020

Some of the world’s top-tier financial institutions want changes in how central counterparty clearing house (CCP) resolutions are executed.

The Financial Stability Board (FSB) has closed comments on a consultation on the adequacy of financial resources for CCP resolution.

How clearing houses manage resolution situations without imposing losses on taxpayers has become a key concern for financial regulators. Since 2008, the push for large parts of the ...

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