Tuesday, 24 January 2017

Derivatives regulation

DERIVATIVES-CDS sellers pose bigger contagion risk than CCPs; OFR

IFR 2163 10 December to 16 December 2016

Central counterparty clearing firms do not constitute a major source of systemic risk, a new study from the US Treasury shows, but large counterparties that are heavy net sellers of credit default swaps could pose a threat to the financial system, irrespective of the health of the clearinghouse.