The use of central counterparties, or clearing houses, has been widened by policy reforms, such as the mandated clearing of certain derivative transactions following the Global Financial Crisis. This session of the PIIE event series Financial Statements focuses on the benefits and risks of clearing mandates, and whether they should be further expanded to more market segments.
Senior Fellow, Peterson Institute for International Economics (PIIE)
Professor of Finance, Stanford University Graduate School of Business
CEO, Global Association of Central Counterparties
About This Series
Financial Statements is a biweekly virtual event series hosted by Nicolas Véron that explores changes in the world of finance, encompassing themes of financial services regulation, corporate finance and governance, systemic fragility and crises, and structural changes driving business and policy trends in the financial sector.