Tag: Kay Swinburne

November 28, 2016 BY Valentina Kirilova

Kay Swinburne: CCPs legislation must not pass on risk to European investors

Today the European Commission has released legislation concerning recovery and resolution of Central Counterparties (CCPs). Following the post-crisis G20 commitment in 2010 by Heads of Government to centrally clear derivative products, this legislation looks to address the systemic risk created by concentrating risk into clearing houses. The legislation is the result of over 3 years…

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