News in Systemic Risk: Friday, October 6, 2016 (10 a.m. ET)
EU Clearinghouses Proposal:
Banks targeted in emergency clearing house plan - Banks and asset managers may be called upon for funds if a clearing house collapses (Financial Times)
EU Firms Up Details on How to Safeguard Clearinghouses - Draft proposal from European Commission would force too-big-to-fail clearinghouses to have plan to avoid bailout (WSJ)
Understanding Deutsche Bank’s $47 Trillion Derivatives Book - Size of figure can be misleading, but some of those assets are hard to value, stoking concern among investors (WSJ)
