Clearing No Panacea For Risk Mitigation, Panelists Agree
LONDON-The industry must work alongside regulators to ensure central clearing of new asset classes is not regarded as a universal remedy for risk, according to speakers at the SunGard clearing event held in May in London.
While the regulatory authorities continue to push the concept of central clearing as an enhancer of risk mitigation, panelists agreed one solution doesn't fit all asset classes.
Richard Wilkinson Director, futures clearing at royal Bank of Canada Europe and speaker at the event
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