References | Central Clearing of OTC Derivatives in Australia June 2011 | Consultations

Central Clearing of OTC Derivatives in Australia – June 2011 References

Download the complete document 1.37MB

APRA (Australian Prudential Regulation Authority), ASIC (Australian Securities and Investments Commission) and RBA (Reserve Bank of Australia) (2009), ‘Survey of the OTC Derivatives Market in Australia’, May, available at: <http://www.apra.gov.au/Media-Releases/upload/Survey-of-the-OTC-Derivatives-Market-in-Australia-report.pdf>.

ASIC and RBA (2009), ‘Review of Participation Requirements in Central Counterparties’, March, available at: <http://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/consultations/review-requirements/rprcc-032009.pdf>.

BCBS (Basel Committee on Banking Supervision) (2010a), ‘Basel III: A global regulatory framework for more resilient banks and banking systems’, December, pp 29–51, available at: <http://www.bis.org/publ/bcbs189.pdf>.

BCBS (2010b), ‘Capitalisation of Bank Exposures to Central Counterparties – Consultative Document’, December, available at: <http://www.bis.org/publ/bcbs190.pdf>.

BCBS (2010c), ‘Report and Recommendations of the Cross-border Bank Resolution Group’, Bank for International Settlements, March, available at: <http://www.bis.org/publ/bcbs169.pdf>.

Bernanke B (2011), ‘Clearinghouses, Financial Stability, and Financial Reform’, Speech at the Federal Reserve Bank of Atlanta Financial Markets Conference, Stone Mountain, Georgia, 4 April, available at: <http://www.federalreserve.gov/newsevents/speech/bernanke20110404a.pdf>.

Chander A and R Costa (2010), ‘Clearing Credit Default Swaps: A Case Study in Global Legal Convergence’, University of California (Davis) Legal Studies Research Paper No 211, March, available at: <http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1576765>.

Counterparty Risk Management Policy Group (2005), ‘Toward Greater Financial Stability: A Private Sector Perspective’, available at: <http://www.crmpolicygroup.org/crmpg2/docs/CRMPG-II.pdf>.

CPSS (Committee on Payment and Settlement Systems) (1998), ‘OTC Derivatives: Settlement Procedures and Counterparty Risk Management’, CPSS Publication No 27, Bank for International Settlements, September, available at: <http://www.bis.org/publ/cpss27.pdf>.

CPSS (2007), ‘New Developments in Clearing and Settlement Arrangements for OTC Derivatives’, CPSS Publication No 77, Bank for International Settlements, March, available at: <http://www.bis.org/publ/cpss77.pdf>.

CPSS (2010), ‘Market structure developments in the clearing industry: implications for financial stability’, CPSS Publications No 92, Bank for International Settlements, November, available at: <http://www.bis.org/publ/cpss92.pdf>.

CPSS-IOSCO (International Organization of Securities Commissions) (2010), ‘Guidance on the application of the 2004 CPSS-IOSCO Recommendations for Central Counterparties to OTC derivatives CCPs – Consultative Report’, CPSS Publications No 89, Bank for International Settlements, May, available at: <http://www.bis.org/publ/cpss89.pdf>.

CPSS-IOSCO (2011), ‘Principles for Financial Market Infrastructures – Consultative Report’, CPSS Publications No 94, Bank for International Settlements, March, available at: <http://www.bis.org/publ/cpss94.pdf>.

Duffie D (2010), ‘The Failure Mechanics of Dealer Banks’, Journal of Economic Perspectives, Vol 24 No 1 (Winter), pp 51–72, available at: <http://www.aeaweb.org/articles.php?doi=10.1257/jep.24.1.51>.

Duffie D and H Zhu (2011), ‘Does a Central Clearing Counterparty Reduce Counterparty Risk?’ Review of Asset Pricing Studies (forthcoming), working paper version available at: <http://www.darrellduffie.com/uploads/pubs/DuffieZhu2011.pdf>.

Duffie D, A Li and T Lubke (2010), ‘Policy Perspectives on OTC Derivatives Market Structure’, Federal Reserve Bank of New York Staff Paper No 424 (March), available at: <http://www.fednewyork.org/research/staff_reports/sr424.pdf>.

European Central Bank and Federal Reserve Bank of Chicago (2007), ‘The Role of Central Counterparties’, ECB Conference Paper, July, available at: <http://www.ecb.int/pub/pdf/other/rolecentralcounterparties200707en.pdf>.

European Commission (2009), ‘Commission Staff Working Paper Accompanying the Commission Communication: Ensuring Efficient, Safe and Sound Derivatives Markets’, July, available at: <http://ec.europa.eu/internal_market/financial-markets/docs/derivatives/report_en.pdf>.

FSB (Financial Stability Board) (2010), ‘Implementing OTC Derivatives Market Reforms’, October, available at: <http://www.financialstabilityboard.org/publications/r_101025.pdf>.

FSB (2011a), ‘OTC Derivatives Market Reforms: Progress report on implementation’, April, available at: <http://www.financialstabilityboard.org/publications/r_110415b.pdf>.

FSB (2011b), ‘Progress in the Implementation of the G20 Recommendations for Strengthening Financial Stability’, April, available at: <http://www.financialstabilityboard.org/publications/r_110415a.pdf>.

Financial Stability Forum (2008), ‘Report on Enhancing Market and Institutional Resilience’, April, available at: <http://www.financialstabilityboard.org/publications/r_0804.pdf>.

Hills B, D Rule and S Parkinson (1999), ‘Central Counterparty Clearing Houses and Financial Stability’, Bank of England Financial Stability Review, June, pp 122–134, available at: <http://www.bankofengland.co.uk/publications/fsr/1999/fsr06art6.pdf>.

Jackson J and M Manning (2007), ‘Comparing the Pre-settlement Risk Implications of Alternative Clearing Arrangements’, Bank of England Working Paper No 321, April, available at: <http://www.bankofengland.co.uk/publications/workingpapers/wp321.pdf>.

Joint Regulatory Authorities of LCH.Clearnet Group (2008), ‘Investigation of risks arising from the emergence of multi-cleared trading platforms’, July, available at: <http://www.dnb.nl/en/binaries/Investigation%20of%20risks%20arising%20from%20the%20emergence%20of%20multi-cleared%20trading%20platforms_tcm47-216876.pdf>.

Manning M, A Heath and J Whitelaw (2010), ‘The Foreign Exchange Market and Central Counterparties’, RBA Bulletin, March, pp 49–57, available at: <http://www.rba.gov.au/publications/bulletin/2010/mar/pdf/bu-0310-8.pdf>.

Norman P (2011), The Risk Controllers: Central Counterparty Clearing in Globalised Financial Markets, Wiley, Chichester.

Pirrong C (2011), ‘The Economics of Central Clearing: Theory and Practice’, ISDA Discussion Papers Series No 1, May, available at: <http://www2.isda.org/attachment/MzE0NA==/ISDAdiscussion_CCP_Pirrong.pdf>.

RBA (2009), ‘Box B: Central Clearing of Over-the-counter Credit Derivatives’, Financial Stability Review, March, pp 69–71, available at: <http://www.rba.gov.au/publications/fsr/boxes/2009/mar/b.pdf>.

Singh M and J Aitken (2009), ‘Counterparty Risk, Impact on Collateral Flows and Role for Central Counterparties’,
IMF Working Paper 09/173, available at: <http://www.imf.org/external/pubs/ft/wp/2009/wp09173.pdf>.

Tucker P (2011), ‘Clearing Houses as System Risk Managers’, Speech at the DTCC-CSFI Post Trade Fellowship Launch, London, 1 June, available at: <http://www.bankofengland.co.uk/publications/speeches/2011/speech501.pdf>.