IDEAS home Printed from https://ideas.repec.org/a/rsk/journ7/2449626.html
   My bibliography  Save this article

Skin in the game: central counterparty risk controls and incentives

Author

Listed:
  • Louise Carter
  • Megan Garner

Abstract

ABSTRACT The increasing systemic importance of central counterparties (CCPs) has seen recent policy debates focus on the ability of CCPs to withstand a crisis effectively. CCPs maintain prefunded financial resources to cover the potential losses arising from the default of a clearing participant. This paper discusses the incentives created by the composition of these resources, and draws out the role of transparency and governance in ensuring these incentives are effective.

Suggested Citation

Handle: RePEc:rsk:journ7:2449626
as

Download full text from publisher

File URL: https://www.risk.net/system/files/import/protected/digital_assets/9587/Skin_in_the_game_central_counterparty_risk_controls_and_incentives.pdf
Download Restriction: no
---><---

More about this item

Statistics

Access and download statistics

Corrections

All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rsk:journ7:2449626. See general information about how to correct material in RePEc.

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

We have no bibliographic references for this item. You can help adding them by using this form .

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Thomas Paine (email available below). General contact details of provider: https://www.risk.net/journal-of-financial-market-infrastructures .

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.