BoE's Tucker wants more robust CCP governance
Bank of England deputy governor Paul Tucker raises concerns over the size and for-profit nature of CCPs
Paul Tucker has called on international authorities to do more to "shore up" the governance of central counterparties (CCPs) - and warned the Bank of England will not be able to stress-test UK CCPs until essential loss-allocation work is conducted at the international level.
Tucker, the Bank of England deputy governor for financial stability, appeared before the UK parliament's Treasury Select
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