Review of the Basel Committee's "Supervisory framework for measuring and controlling large exposures"
Liberty Street Economics Blog on bilateral and tri-party repo haircut differences: they can't explain it. We can.
Singh and Stella on the velocity of collateral: banks just don't trust each other. We think there is more to it.
“Replumbing Our Financial System: Uneven Progress” by Darrell Duffie: turn tri-party clearing into a "dedicated regulated utility"
Bank of New York Mellon targets DTC-cleared paper in the next step in tri-party reform. This one is going to hurt.
"Collateral Crises": a new research paper examines the impact of small shocks that create big problems
Basel III LCR rules may change, allowing corporates and equities. Nestle debt looks a whole lot better than Portugal.
Satyajit Das, author ‘Extreme Money: The Masters of the Universe and the Cult of Risk’ talks to the FT on CCPs