Central Counterparty Clearing: History, Innovation, and Regulation
5 Pages Posted: 5 Dec 2006
This article is a reprint of a speech by Randall S. Kroszner, governor, Board of Governors of the Federal Reserve System, on April 3, 2006, at "Issues Related to Central Counterparty Clearing," a joint conference of the Federal Reserve Bank of Chicago and the European Central Bank, held in Frankfurt, Germany, April 3-4, 2006.
Keywords: central counterparty, CCP, clearing and settlement, risk management, Government Policy and Regulation, Regulated Industries and Administrative Law, Transactional Relationships, Contracts and Reputation, Networks
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