In this paper, we analyse the network of exposures constructed by using the UK trade
repository data for three different categories of contracts: interest rate, credit, and foreign …

By stepping between bilateral counterparties, central counterparties (CCPs) transform credit
exposure, thereby improving financial stability. But, large CCPs are concentrated and …

This study aims to see the application of corporate risk management maturity (ERM) at PT
XYZ. Data were gathered through interviews with PT XYZ employees in the Corporate Risk …

Once seen as the solution to the systemic risk of over-the-counter derivatives, central
counterparties (CCPs) have become a source of concern for the financial stability of the …

The central role of the City in euro-denominated derivatives has been a focal issue for EU
policymakers and central bankers for quite some time. As a large and global financial centre …

The aim of this study was to investigate loss absorption capacity of central counterparties.
The qualitative and quantitative analysis was based on PQD data provided by 15 EU …

We present the findings of a detailed descriptive analysis of client clearing activity for
derivatives in the euro area, as well as that of clearing members more broadly. To the best of …

The establishment of Central Counterparty Clearing houses (CCPs) is a way to reduce the
impact of counterparty risk, therefore strengthening the whole financial system. In this thesis …

The global financial infrastructure is a network of players and transactions. And a large set of
transactions runs through a distinct number of financial players. A material part of these …

By stepping between bilateral counterparties, a central counterparty (CCP) transforms credit
exposure. CCPs generally improve financial stability. Nevertheless, large CCPs are by …