Speech by Tony Latter, Deputy Chief Executive HKMA

SPEECH - Address by Tony Latter, Deputy Chief Executive, Hong Kong Monetary Authority at the Seminar Programme of the FOW Derivatives Expo, Hong Kong, 5 November.

Derivatives from a Central Bank Perspective

Introduction

Why may central banks be interested in derivatives? Although it is dangerous to generalise, and no two central banks may see them in precisely the same light, there are certain aspects of derivatives in which central banks, including the Hong Kong Monetary Authority, probably have a

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