Reducing foreign exchange settlement risk

Robert Lindley

BIS Quarterly Review, 2008

Abstract: Much progress has been made in reducing settlement risk in foreign exchange markets, particularly through use of CLS Bank. However, the remaining exposures are sometimes still significantly large and not always well managed, creating the potential for systemic risk. To address this problem, it is particularly important that prudential regulators promote effective management of the risk by market participants.

JEL-codes: G15 G18 G2 G21 G28 G32 (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (6)

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