Prudential, Recovery & Resolution

FSB urges authorities to firm up CCP 'living wills'

By Farah Khalique
Colleen Baker

The Financial Stability Board is close to finalising a new consultation on financial resources for recovery and resolution at clearing houses, after warning authorities to speed up resolution plans for these growing behemoths.

How to resolve a failing clearing house? This appears to be the million-dollar question that resolution authorities ...

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