Central clearing houses to mitigate counterparty risk

Clearing houses are to play a bigger role in mitigating counterparty risk for trading over-the-counter derivatives. In a statement made on October 17 reviewing the derivatives market before the end of the year, Charlie McCreevy, European Commissioner for the Internal Market and Services, said there is a pressing need to have a central clearing counterparty for OTC derivatives. "This has been underlined by the collapse of Lehman, a major counterparty in the derivatives area," said McCreevy.


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

If you already have an account, please sign in here.


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

This address will be used to create your account

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