Q&A: Jeanmarie Davis, Federal Reserve Bank of New York, on CCP oversight

The Federal Reserve Bank of New York plays a key role in the supervision of clearing houses and other new swap market players. Peter Madigan speaks to Jeanmarie Davis, head of the agency's financial market infrastructure function, about the challenges involved

jeanmarie-davis
Jeanmarie Davis, Federal Reserve Bank of New York

A visit to the Federal Reserve Bank of New York in lower Manhattan is an odd and slightly intimidating experience – as it should be, perhaps. Resembling an imposing, sandstone fortress from the outside, entering the building involves passing through airport-style security, complete with ID checks, scans and stony-faced guards, before emerging into the windowless and featureless grey corridors that are a hallmark of most US government buildings.

Jeanmarie Davis has been coming to work inside this

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