The outset for this thesis is the contemporary risk management concept of Enterprise Risk Management (ERM). ERM has for the last 20 years been advocated as a technology of managing with a potential impact for the value creation in corporate life. The idea of managing or controlling risk is...

Som bekendt er anvendelsen af en matematisk formalisme i mikro- som i makroøkonomisk teori i dag særdeles udbredt. Herved hævdes det ofte, at økonomi som fagdisciplin betragtet har vundet en uomtvistelig videnskabelig status, der bringer økonomi i en klasse for sig blandt de...

The paper describes the activities of central counterparties (CCPs) and the international framework for those activities. It also provides an overview of the activities of the CCPs in the EU. Against this background, an initial assessment is performed of the possibilities of introducing a CCP in...