Limiting Taxpayer "Puts" : An Example from Central Counterparties /
Nonbanks such as central counterparties (CCPs) are a useful lens to see how regulators view the role of the lender-of-last-resort (LOLR). This paper explores the avenues available when a nonbank failure is likely, specifically by considering the options of keeping CCPs afloat. It is argued that CCPs...
| Autor principal: | |
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| Formato: | Revista |
| Lenguaje: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
2014.
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| Colección: | IMF Working Papers; Working Paper ;
No. 2014/203 |
| Materias: | |
| Acceso en línea: | Full text available on IMF |