Financial Services Financial Services

Clearinghouses need to prepare for ‘implausible’ events, says BOE’s Segal-Knowles

Clearinghouses need more work to prepare for the unforeseeable, the Bank of England’s executive director for financial markets infrastructure, Christina Segal-Knowles, said today, as catastrophic events in recent years have tested their position as safe central entities.

Although clearinghouses experienced no financial stability risks from the Covid-19 pandemic and are faring well i

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Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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