‘Tis said they ate each other? The interaction between OTC clearing requirements and the BRRD

‘Tis said they ate each other? The interaction between OTC clearing requirements and the BRRD

This article proposes that the current FSB consultation on continuity of market infrastructures for firms in resolution needs to consider how known difficulties with the Bank Recovery and Resolution Directive (BRRD) interact with cleared OTC derivatives.

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About the author:

Neeta started her legal career at Allen & Overy in 2008 in the midst of the global financial crisis and the collapse of Lehmans where she gained most of her paralegal experience.

Neeta also did a short stint in litigation at the Revenue and Customs Prosecutions Office in 2006. Neeta graduated with a 2:1 honours degree from University of London, Queen Mary College and went on to obtain a distinction from the College of Law in the Legal Practice. She has been working at Lexis Nexis since April 2013.