Regulators reviewing securities settlement-systems concentration
LONDON -- The operational dangers of concentrating securities settlement systems in small areas of the world’s financial districts, highlighted by the September 11 attacks, will be reviewed in early 2002 by central bankers and financial market regulators.
The review will be part of an analysis of the lessons to be learned from the attacks that destroyed the twin World Trade Center towers in New York’s financial district, killing hundreds of people working in the financial services industry and
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