Reducing Foreign Exchange Settlement Risk

13 Pages Posted: 19 Jul 2012

See all articles by Robert Lindley

Robert Lindley

Bank for International Settlements (BIS)

Date Written: September 1, 2008

Abstract

Much progress has been made in reducing settlement risk in foreign exchange markets, particularly through use of CLS Bank. However, the remaining exposures are sometimes still significantly large and not always well managed, creating the potential for systemic risk. To address this problem, it is particularly important that prudential regulators promote effective management of the risk by market participants.

JEL Classification: G15, G18, G2, G21, G28, G32

Suggested Citation

Lindley, Robert, Reducing Foreign Exchange Settlement Risk (September 1, 2008). BIS Quarterly Review, September 2008, Available at SSRN: https://ssrn.com/abstract=1517258

Robert Lindley (Contact Author)

Bank for International Settlements (BIS) ( email )

Centralbahnplatz 2
Basel, Basel-Stadt 4002
Switzerland

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