Credit derivatives and operational risk, or why a credit default swap is not like a bond

被引:1
|
作者
Henderson, Schuyler K.
机构
来源
LAW AND FINANCIAL MARKETS REVIEW | 2007年 / 1卷 / 01期
关键词
D O I
10.1080/17521440.2007.11427860
中图分类号
D9 [法律]; DF [法律];
学科分类号
0301 ;
摘要
The credit derivatives market is the fastest growing of all the over-the-counter (OTC) derivatives markets. It also presents the greatest legal and operational risks. This article will discuss the reasons why this is so, some of the industry and regulatory responses to these risks and two recent decisions that each, in its own way, illustrates a number of them. © 2007, Taylor and Francis Ltd. All rights reserved.
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页码:31 / 43
页数:13
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