Regulators told to be ready to handle failed clearing houses
By Huw Jones
April 25, 20242:26 AM MDT
LONDON, April 25 (Reuters) - Regulators must equip themselves with tools such as “bail-in” bonds to deal quickly with a failed clearing house for stocks, bonds or derivatives without having to call on taxpayers for cash, the G20’s risk watchdog (Swiss based, Financial Stability Board (FSB) said on Thursday.
What ever happened to Post-Margin ?