ECB's Constâncio: grant CCPs access to central bank liquidity

constancio

Central counterparties for derivatives trades should have access to central bank liquidity, Vítor Constâncio, the vice president of the European Central Bank, has said.

Constâncio said in a panel discussion in Washington on Saturday: "We are in favour of central counterparties having access to liquidity because we understand it would be important. However, there would be conditions. We would like central counterparties to have a type of bankers' licence and they would therefore have to be regul

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: