.... Findings – The increased use of collateral, with a sharp focus on its quality, liquidity and eligibility for central clearing, requires a new approach to collateral management and discounting methods. At this point, banks (especially those with agency businesses) should develop an enterprise-wide view...

...Stan Cerulus Purpose The purpose of this paper is to answer a specific research question: How have EU and US regulators translated the idea of central clearing into law? Design/methodology/approach A meticulous legal research is carried out. First, the pre‐crisis regulatory regime for credit...