Central Banking

Book notes: The Risk Controllers: Central Counterparty Clearing in Globalised Financial Markets

The Risk Controllers by Peter Norman

Peter Norman, The Risk Controllers: Central Counterparty Clearing in Globalised Financial Markets, John Wiley and Sons, April 13, 2011, 416 pages

The Risk Controllers offers a comprehensive picture of an important element of the financial infrastructure known as central counterparty clearing houses (CCPs). They are indicators of the rapid spread of clearing houses around the globe. In the 21st century, setting up a CCP has come to symbolise the modernisation of a country’s financial sector. Taki

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