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Breaking News: G20 Global Watchdog Prepping For Systemic Banking Event With "New Tools"
The G20's risk watchdog highlights the need for tools like "bail-in" bonds to manage failing clearing houses without taxpayer money. The Financial Stability Board introduced standards requiring clearers to maintain resources like liquidity and loss-absorbing capacities to prevent financial disruptions.
1. https://finbold.com/monster-insider-trading-alert-ted-cruz-sells-up-to-500m-of-goldman-sachs-stock/
2. https://www.reuters.com/business/finance/regulators-told-be-ready-handle-failed-clearing-houses-2024-04-25/
3. https://www.reuters.com/markets/europe/us-treasury-market-braces-overhaul-vote-clearing-looms-2023-12-13/
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