. Instead it shows, first, that the use of ill-suited collateral in the secured funding operations of U.S.-based investment …

Rehypothecation is the practice that allows collateral posted by, say, a hedge fund to their prime broker to be used … again as collateral by that prime broker for its own funding. In the United Kingdom, such use of a customer's assets by a …

of land titles from the reform, used as a collateral for bank loans and mortgages. We quantify that the collateral …

letters of credit, which during the capital controls period had to be backed by firms' own cash collateral rather than the …

Central bank collateral policies came under pressure with the 2007-08 financial market crisis. This paper addresses the … rationale for and constraints in taking collateral, and recent practices in different collateral frameworks. It then considers … the risks of adverse selection. The paper concludes that (i) the collateral framework needs to include market incentives …