A race to the finish

The Basel Committee’s third consultative paper contained few surprises. Regulators are now focusing on implementation, despite banks’ major concerns about the treatment of risk mitigation techniques. Christopher Jeffery and Sarfraz Thind report

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Stemming the tide of rising FX settlement risk

As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the FX market

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