BoE governor insists clearing houses must have enough liquidity to cope with default of two big member firms
Bank of England’s Andrew Haldane says it is a virtue that different tools can be used to meet conflicting objectives
Chair of UK parliamentary group for economics says a sharp correction in developed world sovereign bond prices could spark a collapse in confidence
This white paper looks at the heavy impact of regulation on investment managers, the mitigation of outsourcing risk, inefficiencies in corporate actions processing and the growing importance of collateral management.
More Central banks articles
Deputy governor is bound for academia in the US after helping with transition to new Carney regime
Underpinning the integration of regional capital markets is a major concern for Vorapol Socatiyanurak, secretary general of Thailand's Securities and Exchange Commission
Switzerland went first – and furthest – on post-crisis banking reforms, making its industry a test case for the impact of the new regime. But it has not yet solved the too-big-to-fail problem, M...
Policy-makers have incentive to accelerate deposit guarantee plans, says Sylvie Matherat of the Banque de France
National supervisors made “gigantic mistakes”, says ECB's financial stability head
The low-yield environment is a challenge for regulators as well as insurers
The BoJ's latest inflation targeting weapon could challenge its balance sheet strength
India central bank views repo as an increasingly important market in the wake of Basel III implementation
This white paper deals with the implications of the case of NML Capital Ltd v Argentina. Although the decision applies specifically to sovereign debt contracts governed by New York law, it could hav...
Andrew Haldane says UK is in a position to lead with fixes to Basel III, tightening remuneration policies and removing barriers to bank account switching
This paper examines the effects of introducing an auto-collateralization scheme in a simulated securities settlement system. Using artificially generated data, it shows that auto-collateralization can...
The recent financial crisis has shown that liquidity risk is far more important and intricate than regulators had previously acknowledged. The shift from bank-based to market-based financial systems and...
This paper establishes a link between investment in financial market infrastructure and its governance structure as either a user-oriented or a for-profit organization. The infrastructure is used to ensure...
The global financial crisis has driven several trends in wholesale financial markets that have led to a higher demand for high-quality collateral. More transactions are now secured instead of unsecured...
This whitepaper reviews the fundamental changes of Liquidity Risk Management under Basel III. It discusses how institutions can meet the regulatory requirements on liquidity risk management by enhancing their liquidity risk analytics, funds transfer pricing methodologies, liquidity stress testing frameworks, and enterprise risk management platforms.