Pesquisa de referências
Centro de Documentação

A wake-up call

 
<?xml version="1.0" encoding="UTF-8"?><modsCollection xmlns="http://www.loc.gov/mods/v3" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-8.xsd">
<mods version="3.8">
<titleInfo>
<title>A wake-up call</title>
</titleInfo>
<typeOfResource>text</typeOfResource>
<genre authority="marcgt">periodical</genre>
<originInfo>
<place>
<placeTerm type="code" authority="marccountry">gbr</placeTerm>
</place>
<dateIssued encoding="marc">2021</dateIssued>
<issuance>serial</issuance>
</originInfo>
<language>
<languageTerm type="code" authority="iso639-2b">eng</languageTerm>
</language>
<physicalDescription>
<form authority="marcform">print</form>
</physicalDescription>
<abstract displayLabel="Summary">When the COVID-19 crisis hit in March 2020, large asset price moves and increased volatility led to sizeable margin calls on derivatives for a range of non-bank fi nancial sectors. The use of derivatives  in particular by insurers, pension funds, and liability driven investment (LDI) funds prudently hedging FX, interest rate and infl ation risk  exposed them to sudden demands for high levels of liquidity to meet margin calls. While the margining system is a vital part of stopping counterparty credit risk from spreading in a stress, liquidity risks need to be appropriately managed to prevent them contributing to a dash for cash' in a severe market stress.</abstract>
<note type="statement of responsibility">Matt Roberts-Sklar, Sheila Torrance</note>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080547967">
<topic>Liquidez</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080582401">
<topic>Riesgo crediticio</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20200005599">
<topic>COVID-19</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080552022">
<topic>Pandemias</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080578374">
<topic>Tasas de interés</topic>
</subject>
<classification authority="">921.9</classification>
<relatedItem type="host">
<titleInfo>
<title>The Actuary : the magazine of the Institute & Faculty of Actuaries</title>
</titleInfo>
<originInfo>
<publisher>London :  Redactive Publishing, 2019-</publisher>
</originInfo>
<identifier type="local">MAP20200013259</identifier>
<part>
<text>01/02/2021 Número 1 - febrero 2021 , p. 16-18</text>
</part>
</relatedItem>
<recordInfo>
<recordContentSource authority="marcorg">MAP</recordContentSource>
<recordCreationDate encoding="marc">210224</recordCreationDate>
<recordChangeDate encoding="iso8601">20210302165647.0</recordChangeDate>
<recordIdentifier source="MAP">MAP20210006425</recordIdentifier>
<languageOfCataloging>
<languageTerm type="code" authority="iso639-2b">spa</languageTerm>
</languageOfCataloging>
</recordInfo>
</mods>
</modsCollection>