POLL: preventing EU clearing house failures

Author: Amélie Labbé | Published: 10 Mar 2017
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Increasing amounts of over-the-counter derivatives are being pushed through clearing houses as part of a coordinated effort in the EU to regulate the financial instruments. Lack of oversight and control over the trade in these products is often cited as a direct cause of the financial crisis.

But even if a clearing house has yet to fail, institutions are still putting up preventive lines of defence to prevent the worst from happening - this could threaten the stability and integrity of the financial system.

IFLR’s latest poll asks what is the most efficient option to prevent an EU clearing house failure

  • cash calls from shareholding exchanges and/or member organisations;
  • more planning & recovery powers to national resolution authorities;
  • writing down initial margin backing the derivatives traded;
  • transferring of all or part of a CCP's functions to a competitor; or
  • other.

Vote now on the 'Quick Poll’ menu on the right-hand side of IFLR’s homepage. All votes and comments are anonymous. To arrange an off-the-record interview to elaborate on your response, email amelie.labbe@euromoneyplc.com

Results of past polls:

POLL: liberalisation of India’s corporate bond market
POLL: testing tomes ahead for EU funds
POLL: China outbound M&A drivers

 


 

 

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