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  • 标题:The Canadian Approach to Central Clearing for Over-the-Counter Derivatives
  • 本地全文:下载
  • 作者:Nikil Chande ; Jean-Philippe Dion ; Darcey McVanel
  • 期刊名称:Financial System Review
  • 印刷版ISSN:1705-1290
  • 电子版ISSN:1705-1304
  • 出版年度:2012
  • 出版社:Bank of Canada
  • 摘要:The financial crisis revealed important weaknesses in the infrastructure of over-the-counter (OTC) derivatives mar-kets. As a result, leaders of the Group of 20 (G-20) agreed to reform these markets to improve their transparency, protect against market abuse and, ultimatel y, to mitigate systemic risk.2This report focuses on Canada's approach to implementing one key element of the reform agenda: the commitment that all standardized OTC derivatives should be cleared through central counterparties (CCPs).
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