Asia can ease collateral squeeze, says Clearstream chief

pliers

A more efficient use of high-quality sovereign assets held by banks in Japan and Australia can help overcome the potential collateral shortfall from the imposition of Basel III and central clearing, according to Jeffrey Tessler, chief executive of Clearstream, speaking at a media briefing in Hong Kong yesterday.

Clearstream is a central securities depository that also provides asset servicing and collateral management services. In October, it signed up to be a member of the Hong Kong Monetary

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Most read articles loading...

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 individual account

.