Markets

FSB concerned about CCP and insurer resolution risks

By Justin Pugsley
BRR fallback image

Urgent work is needed to plug holes in global financial regulatory frameworks to stave off a potential crisis emanating from a failing international systemic clearing house or insurer, the Financial Stability Board (FSB) warned.

In its 2022 resolution report published on December 8, the FSB said the reversal of ultra ...

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