Supervising international clearing houses

Nicolas Véron (PIIE), Klaus Löber (European Securities and Markets Authority) and Tracey Wingate (Investment Company Institute)

Details

June 23, 2021 9:00 AM to 10:00 AM EDT
Virtual Event

Event Summary

Clearing houses, also known as central counterparties (CCPs), play an increasingly significant role in financial markets, not least as a consequence of G-20 derivatives market reforms since 2009. Globally active CCPs, with their substantial exposures to market participants in third countries, raise specific supervisory challenges in response to which the European Union has recently revised its legislative framework. This session will be an opportunity to take stock.

Joining this episode of Financial Statements were:

HOST

Nicolas Véron
Senior Fellow, Peterson Institute for International Economics (PIIE)

GUESTS

  • Klaus Löber
    Chair of the CCP Supervisory Committee, European Securities and Markets Authority
  • Tracey Wingate
    Chief of Staff, Investment Company Institute

ABOUT THIS SERIES

Financial Statements is a biweekly virtual event series hosted by Nicolas Véron that explores changes in the world of finance, encompassing themes of financial services regulation, corporate finance and governance, systemic fragility and crises, and structural changes driving business and policy trends in the financial sector.