Clearing

Laura Klimpel
Clearing

Treasury Clearing Mandate: An Industry Pulse Check 

Published: Aug 2024
DTCC has released the findings of a new survey that serves as a pulse check of how the industry is progressing in its preparations.
Robert S. Steigerwald
CCPs

Incentives, Commitment, and Financial Stability in Central Clearing – the Special Case of CCP Default Management, Recovery, and Resolution

Published: Jun 2021
Robert Steigerwald, Senior Policy Advisor at the Federal Reserve Bank of Chicago, examines the salient issues in default management, recovery, and resolution in CCPs.
Dr Eva Hupkes
CCPs

Dealing With Events at the End of the Tail

Published: Jun 2021
The pandemic crisis highlighted both the importance of CCPs for financial stability and the need to future-proof them with an international policy framework, says Dr. Eva Hupkes, Head of Regulatory and Supervisory Policies at the Financial Stability Board.
Froukelien Wendt
CCPs

A Regulator’s Perspective on Anti-Procyclicality Measures for CCPs

Published: Jun 2021
CCPs in the EU remained resilient during the pandemic crisis. ESMA will now analyse what lessons can be learned from the crisis in 2020 and how its APC measures may be developed to further enhance CCPs’ resilience in handling potential future stress events, says Froukelien Wendt, member of the CCP Supervisory Committee at the European Securities and Markets Authority.
Chris Edmonds and Ashwini Panse
Clearing

The Importance of 'Skin-in-the-Game' in Managing CCP Risk

Published: Apr 2021
Is there value to a second 'Skin-in-the-Game'? Would raising it lead to more prudent Initial Margin Models? ICE's Chris Edmonds (Global Head of Clearing & Risk) and Ashwini Panse (Chief Risk Officer, North American Clearing Houses) give their views on the current CCP hot topics.
Mike McClain
Clearing

Seize the Day: The Time is Right to Remove a Day from the U.S. Equities Settlement Cycle

Published: Apr 2021
Mike McClain, Managing Director and General Manager of Equity Clearing and DTC Settlement Services at The Depository Trust & Clearing Corporation (DTCC), discusses the effort to shorten the U.S. settlement cycle for equities to T+1.
John McPartland
CCPs

Mutualised clearinghouse risk evolves beyond the age of all-for-one

Published: Oct 2020
John McPartland has been a central banker, settlement banker, senior executive of two FCMs and deputy manager of a major CCP during a 45-year career in the industry
David Murphy
CCPs

Perspectives on the client clearing mandate

Published: Oct 2020
David Murphy, Prudential Policy Directorate, Bank of England
Michael McClain
CCPs

Digital transformation and accelerated settlement

Published: Oct 2020
Michael McClain, General Manager of Equity Clearing and DTC Settlement Services, DTCC