ACI Works With Central Bank Committee On Plans To Minimise FX Settlement Risk
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The Association Cambiste Internationale (ACI) has been asked to help the G-10's Allsopp subcommittee on settlement risk get its message across to the industry. Former ACI president David Clark last week attended a meeting in Basle of the subcommittee, which is part of the G-10 Central Bank Committee on Cross-Currency Payment Risks, and is chaired by Peter Allsopp, head of Payment, Settlement and Clearing at the Bank of England, says Clark.
Clark, who stepped down as ACI president at the
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