Applying the Central Clearing Mandate : Different Options for Different Markets /

Back in 2009, G-20 leaders have called for all standardized over-the-counter (OTC) derivatives to be cleared through central counterparties (CCPs). By now, 18 of the 24 Financial Stability Board (FSB) member jurisdictions have provided for mandatory central clearing frameworks in place, covering at...

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Manylion Llyfryddiaeth
Prif Awdur: Kiff, John
Awduron Eraill: Gullo, Alessandro, Hillier, Cory, Papapaschalis, Panagiotis
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2022.
Cyfres:IMF Working Papers; Working Paper ; No. 2022/014
Pynciau:
Mynediad Ar-lein:Full text available on IMF
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100 1 |a Kiff, John. 
245 1 0 |a Applying the Central Clearing Mandate :   |b Different Options for Different Markets /  |c John Kiff, Alessandro Gullo, Cory Hillier, Panagiotis Papapaschalis. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2022. 
300 |a 1 online resource (46 pages) 
490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Back in 2009, G-20 leaders have called for all standardized over-the-counter (OTC) derivatives to be cleared through central counterparties (CCPs). By now, 18 of the 24 Financial Stability Board (FSB) member jurisdictions have provided for mandatory central clearing frameworks in place, covering at least 90 percent of all standardized OTC derivatives in their jurisdictions. However, the authorities in several countries remain confronted with the hows and wherefores of mandatory central clearing, also in light of the international dimension of OTC derivatives contracts. This paper examines the policy options available to countries that have yet to fully conform to the clearing mandate, centered on the setup of local CCPs or on the use of foreign CCPs, and elaborates on their feasibility, risks and benefits from an economic, legal and tax viewpoint. 
538 |a Mode of access: Internet 
650 7 |a Financial Instruments  |2 imf 
650 7 |a General Financial Markets  |2 imf 
650 7 |a Institutional Investors  |2 imf 
650 7 |a International Financial Markets  |2 imf 
650 7 |a Non-Bank Financial Institutions  |2 imf 
650 7 |a Pension Funds  |2 imf 
700 1 |a Gullo, Alessandro. 
700 1 |a Hillier, Cory. 
700 1 |a Papapaschalis, Panagiotis. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2022/014 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2022/014/001.2022.issue-014-en.xml  |z IMF e-Library