This article outlines the benefits and risks of the distributed ledger technology (DLT) for the clearing and settlement …

This article outlines the benefits and risks of the distributed ledger technology (DLT) for the clearing and settlement …

; Securities Regulation ; Trust …

counterparties, receives scrutiny in this report. The author examines the role centralized clearing parties could play in improving … system resilience. These centralized clearing parties are institutions that interpose themselves between counterparties in …

The introduction of the Securities Financing Transactions Regulation into EU law provides a unique opportunity to … obtain an in-depth understanding of repo markets. Based on the transaction-level data reported under the regulation, this … reported under the regulation can support the policy work of central banks and supervisory authorities. We demonstrate that …

This note discusses the basic economics of central clearing for derivatives and the need for a proper regulation …, supervision and resolution of central counterparty clearing houses (CCPs). New regulation in the U.S. and in Europe renders the … contagion risk in the financial industry and the creation of a significant systemic risk. However, so far, regulation and …