DERIVATIVES-FSB issues CCP resolution guidelines
LONDON, Feb 1 (IFR) - The Financial Stability Board has issued guidance for the orderly wind-down of failed central counterparty clearinghouses as part of a global effort to avoid taxpayer bailouts of the systemically important facilities. [Source]
Publication Date:Origin: reuters.com
Category: financialsSector
Topics: facilities, important, systemically, bailouts, avoid taxpayer, effort, global, clearinghouses, central counterparty, failed, wind-down, orderly, guidance, has issued, Board, Stability, Financial, (IFR), LONDON, guidelines, resolution, issues, DERIVATIVES-FSB
Source: http://feeds.reuters.com/~r/reuters/financialsNews/~3/BMu0Jm7-3Ek/idUSL5N1FM4Z2