‘Central Counterparties – what are they, why do they matter and how does the Bank supervise them?’
Financial market infrastructures play a crucial role in helping the economy and financial markets to function. June 17,2013 :Financial market infrastructures lie at the heart of the financial system. They settle transactions and, by stepping in between buyers and sellers, ensure that financial obligations are met. Central counterparties (CCPs) – also known as clearing houses –...