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Regulating financial derivatives : clearing and central counterparties / Alexandra G. Balmer.

Edward Elgar Law 2018 Available online

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Format:
Book
Author/Creator:
Balmer, Alexandra G., author.
Contributor:
Edward Elgar Publishing, publisher.
Series:
Elgar financial law.
Elgar Financial Law
Language:
English
Subjects (All):
Global Financial Crisis (2008-2009).
Finance.
Financial institutions--Law and legislation.
Financial institutions.
Physical Description:
1 online resource (256 pages).
Place of Publication:
Edward Elgar Monographs 2018
Summary:
The financial crisis, which spanned 2007 and 2008, may have occurred ten years ago but the resulting regulatory implications are yet to be implemented. This book isolates the occurrences of the derivatives market, which were implied as the core accelerator and enabler of the global financial crisis. Offering a holistic approach to post-crisis derivatives regulation, this book provides insight into how new regulation has dealt with the risk that OTC derivatives pose to financial stability. It discusses the effects that post-crisis regulation has had on central counterparties and the risk associated with clearing of OTC derivatives. Alexandra G. Balmer offers a novel solution to tackle the potential negative externalities from the failure of a central counterparty and identifies potential new risks arising from post-crisis reforms. Comprehensive and astute, this book will provide legal and financial scholars, academics and lawyers with much food for thought. National supervisors and regulators will also benefit from an understanding of general market risks and factors affecting exposure to such risks.
Contents:
Contents: Foreword
Bibliography
1. Introduction
2. Derivatives
3. Clearing
4. Pre-crisis regulation of derivatives and clearing
5. Current regulation and implementation
6. Reforming the reform
7. Regulatory analysis
8. Summary of findings and outlook
Index.
Notes:
Includes bibliographical references and index.
Description based on print version record.
ISBN:
1-78811-192-3

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