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December 9, 2010
Central Counterparties and Systemic Risk
Content Type(s):
Publications,
Financial System Review articles
June 20, 2010
The Bank of Canada’s Extraordinary Liquidity Policies and Moral Hazard
Bank of Canada published a report establishing a set of principles to guide the extraordinary liquidity interventions it was making in response to the systemic shocks buffeting the Canadian financial system. These principles provided a framework for maintaining consistency between the Bank’s actions and its responsibilities as lender of last resort to the financial system, while allowing sufficient fl exibility to respond to the unique challenges of the crisis.
Content Type(s):
Publications,
Financial System Review articles