- Media Type
- Document
- Media Date
- February 2007
- Additional Information
- In response to the Committee on Payment and Settlement Systems (CPSS) request for a follow up on the 1998 report, this report revisits issues identified in that report and identifies and analyzes any new issues raised by changes since 1998 in risk management practices or the post-trade processing infrastructure for OTC derivatives.
Three new issues raised by developments since 1998:
(1) the implications of OTC derivatives prime brokerage
(2) the risks associated with unauthorised novations of contracts
(3) the potential for significant market disruptions from the closeout of OTC derivatives transactions following the default of one or more. - Crisis
- Global Financial Crisis (2007-2009)
- Content Type
- Report
- Publisher(s)
- Bank For International Settlements (BIS) : Committee on Payment and Settlement Systems Bank for International Settlements (BIS)
- Author(s)/Creator(s)
- Bank for International Settlements (BIS): Committee on Payment and Settlement Systems
- Language(s)
- English
- Case Series
- Federal Reserve Board FOIA Request - Date requested: 02/02/18
- Country(ies) or Region(s)
- United States
