Bank of France

Denis Beau: Ten years after Lehman, is the…

I would like to thank the Financial Stability Unit for their contributions to this speech, and particularly E. Rocher and S. Frappa. [caption id="attachment_327140" align="alignleft" width="224"] Denis Beau, First Deputy Governor of the Bank of France[/caption]…

Are CCPs Too Big To Fail

The recent Commodities Futures Trading Commission Market Risk Advisor Committee (MRAC) hearing included a panel discussion and central counterparty (CCP), or clearinghouse risk. This provides an opportunity to flashback in time, to June 27, 2017;…

Capital Markets Need $3 to $4 Billion to…

The World Federation of Exchanges (WFE), the global industry group for exchanges and central counterparties (CCPs), has published a joint report with global management consultancy Oliver Wyman in which it concludes there is a need…