02352cas a2200349 a 4500 AALejournalIMF022398 230101c9999 xx r poo 0 0eng d 5.00 USD 9781616359232 1018-5941 BD-DhAAL BD-DhAAL Kiff, John. Applying the Central Clearing Mandate : Different Options for Different Markets / John Kiff, Alessandro Gullo, Cory Hillier, Panagiotis Papapaschalis. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (46 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Back in 2009, G-20 leaders have called for all standardized over-the-counter (OTC) derivatives to be cleared through central counterparties (CCPs). By now, 18 of the 24 Financial Stability Board (FSB) member jurisdictions have provided for mandatory central clearing frameworks in place, covering at least 90 percent of all standardized OTC derivatives in their jurisdictions. However, the authorities in several countries remain confronted with the hows and wherefores of mandatory central clearing, also in light of the international dimension of OTC derivatives contracts. This paper examines the policy options available to countries that have yet to fully conform to the clearing mandate, centered on the setup of local CCPs or on the use of foreign CCPs, and elaborates on their feasibility, risks and benefits from an economic, legal and tax viewpoint. Mode of access: Internet Financial Instruments imf General Financial Markets imf Institutional Investors imf International Financial Markets imf Non-Bank Financial Institutions imf Pension Funds imf Gullo, Alessandro. Hillier, Cory. Papapaschalis, Panagiotis. IMF Working Papers; Working Paper ; No. 2022/014 Full text available on IMF http://elibrary.imf.org/view/journals/001/2022/014/001.2022.issue-014-en.xml IMF e-Library