Superintendent of Financial Institutions, which allows us to run simulations of bank valuations and asset prices under a set of …

This paper extends traditional payment system simulation analysis to counterparty liquidity risk exposures. The used … stress test scenario corresponds to the counterparty stress scenario applied in the BCBS standard "Monitoring tools for … with the new BoF-PSS3 simulator. Two liquidity deterioration indicators are introduced to quantify counterparty liquidity …

collateral to support arbitrage trades. We show that with volatile asset demands, arbitrage becomes risky. With information … frictions, a looser collateral policy might render the economy more vulnerable to extremely large demand shocks, while a tighter … collateral constraint helps maintain the stability at the cost of market liquidity supply …

transactions from bankruptcy's automatic stay, including the stay of foreclosure actions against collateral, is necessary or …