Dermot Turing
Dermot Turing worked for the Government Legal Service and then the international law firm Clifford Chance, where he was a partner until 2014. His specialism was financial sector regulation, particularly the problems associated with failed banks, and financial market infrastructure. As well as writing and speaking, Dermot is currently a trustee of Bletchley Park and of the Turing Trust. He is the Bletchley Park Visiting Fellow at Kellogg College, Oxford. He is the acclaimed author of Prof, a biography of his famous uncle, The Story of Computing, and most recently X, Y and Z – the real story of how Enigma was broken. He is also a regular speaker at historical and other events.
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Articles by Dermot Turing
Clearing away after Brexit?
This paper analyzes, from a legal perspective, the new framework, the roles and responsibilities of the European Central Bank, ESMA and the European Commission, and the possible outcomes for UK CCPs once Brexit is complete.
Central counterparties: magic relighting candles?
In this paper, the rules of selected major CCPs (LCH, CME, Eurex and ICE) are reviewed for both their end-of-waterfall procedures and the rights granted to clearing members in end-of-waterfall scenarios.
Central counterparty resolution: an unresolved problem
This paper describes the current policy for recovery and resolution of CCPs and assesses the tool kit for resolution of them.