Financial Stability In Light Of New Global Challenges: Global Shocks, Interconnections And Central Counterparties − Speech By Randy Kroszner, Bank Of England, External Member Of The Financial Policy Committee, Given At FIA International Derivative Expo

Randy sets out some of the challenges facing central counterparty (CCP) clearing in the current risk environment. He focuses on how fragilities need to be addressed by CCPs, regulators and supervisors alike, given the increasingly global nature of shocks and the concentration of the large members across CCPs.

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