CCP competition poses counterparty risk: CIMB video interview

2012-11-05-asia-risk-hk-interviews-ob-v2-cimb-proof1-17

The proliferation of central counterparties (CCPs) among Asian markets could actually increase the amount of counterparty credit risk in the financial system, a direct reversal of what the move to CCPs is intended to achieve, according to Chu Kok Wei, head of rates, funding and structuring at CIMB.

"These are commercial organisations and we are concerned that competition between them will in fact compromise the credit quality of the CCP. At the end of the day the whole idea of CCPs is to remove

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

Switching CCP – How and why?

As uncertainty surrounding Brexit continues and the impacts of Covid-19-driven market volatility are analysed, it is essential for banks and their end-users to understand their clearing options, and how they can achieve greater capital and cross…

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here