What is driving the change in each of these risks? For example, if the Herstatt / Settlement risk is reduced when using online services compared to paper-based trade documentation, the main reason might be because settlements occur more quickly?.
In answering this question you might wish to identify more than one driver for any given change in risk.
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Inquiries should be directed to:
Mark Dixon,
mdixon@ecel.uwa.edu.au, |