Tri-party repo taskforce to disband without delivering key reform

fed-seal
Tri-party reforms fall down

Market participants will explain why they have not been able to make key changes to the tri-party repo market in a report due later this month, setting up a showdown with the Federal Reserve Bank of New York, which has been pushing for reform. Bankers involved in the project had previously told Risk they feared a failure by the industry to radically overhaul the market could spur the New York Fed to intervene in a more aggressive way, forcing the market – the biggest single source of financing f

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: