BIS Calls For More OTC Risk Reduction

22 Sep 2009

The Bank for International Settlements has called on central bankers and regulators to take additional steps to reduce risks associated with over-the-counter derivatives.

The Bank for International Settlements has called on central bankers and regulators to take additional steps to reduce risks associated with over-the-counter derivatives. In a report, the BIS noted the progress already made to reduce the possibility of systemic risks from derivatives, but said worrying risks still exist. ...

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