Risk & Return Canada: CCPs won’t stop future crises, says academic

maginot-line-2
The Maginot line in 1944

Legislators have put too much faith in central counterparties (CCPs), but they are not certain to prevent future crises, an academic has warned.

Speaking at the Risk & Return Canada conference in Toronto yesterday, Thorsten Koeppl, associate professor at Queen's University at Kingston, compared CCPs to the Maginot line – a line of concrete fortifications built by the French in the 1930s to protect the country against an invasion by Germany.

"CCPs seem like a strong bulwark of the financial

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: