Prioritizing Counterparty Risk Management - Lessons from MF Global
This presentation takes the example of MF Global bankruptcy to make the point about cOunterparty credit risk, and discusses some broad lessons.
“…today's emerging best practices will have to be reviewed and strengthened further. While we cannot say today when that should occur or what will be the best forum to accomplish that future review, we strongly suggest that industry leadersnot wait for another market crisis to take up these questions.”
Improving Counterparty Risk Management Practices