The European Securities and Markets Authority (ESMA) has issued today it’s final report on systemic risk and cost implications of interoperable arrangements between central clearing houses (CCPs) established under the European Market Infrastructure Regulation (EMIR). The report is available here: https://www.esma.europa.eu/file/16741/download?token=ol_5r9gs
ESMA issues report on risks and costs of CCP interoperability
IOSCO Publishes the Securities Markets Risk Outlook 2016
Fed blog post: Would Monetary Tightening Increase Bank Wholesale Funding?