BoE puts clearinghouses on notice about risk management

12/18/2012 | Reuters · Bloomberg · Financial Times (tiered subscription model)

Risk management by clearinghouses involved in the derivatives markets will be the subject of scrutiny, the Bank of England says. The central bank, which will begin supervising clearinghouses in April, noted the danger that "if financial market infrastructures are operated only in the private interests of their managers, owners, or even their members, they may underinvest in the mitigation of risks to the wider system."

View Full Article in:

Reuters · Bloomberg · Financial Times (tiered subscription model)

Published in Briefs: