Central banks working on liquidity support for CCPs, says BoE’s Tucker

Paul Tucker

Leading central banks, including the Bank of England, are working together to make sure they are able to prop up clearing houses in a crisis, says Paul Tucker, deputy governor of the Bank of England – part of a broader effort by the Financial Stability Board (FSB) to enable central counterparties (CCPs) to operate on a global basis.

"Central banks are exploring how they can ensure that there are no technical obstacles to lending [to CCPs in a crisis]. That doesn't mean they have any duty or comm

To continue reading...

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 indvidual account here: