SRB head asks for extra tools to restore faith in resolution
Laboureix disputes Swiss claim that G-Sibs are not resolvable, but wants improvements to framework
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Laboureix disputes Swiss claim that G-Sibs are not resolvable, but wants improvements to framework
Risk Live: Spreads on European AT1 bonds still wider than before March bail-in
Some want bond doc overhaul to clarify bail-in risk, but sovereigns can always change the rules
Risk.net Isda AGM: UK proposals gives central bank broad powers to intervene in winding up stricken clearers Rachael King Print this page Senior risk managers at the UK’s largest central counterparty and one of its biggest members have questioned the scope of the UK’s proposed CCP resolution framework. The draft rules would give broad powers to the Bank of England to allocate losses and intervene in the resolution of failing UK clearing houses. In February, a UK Treasury consultation requested feedback on its proposed CCP resolution framework, which would set the powers th...