CCP skin in the game doesn’t go far enough
Default fund contributions by central counterparties, known as skin in the game, are not the only risk management mechanisms for clearing house operations and resolution systems, and they do not compensate for other risk mitigation strategies, said market officials.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
