Jon Cunliffe - Bank of England


Last quote by Jon Cunliffe

In central clearing, in settlement, in payments if we wish to maintain the infrastructure to sustain an open and integrated global capital market, we will need to build upon the arrangements we have developed for supervisory cooperation and
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Feb 22 2017
Jon Cunliffe has been quoted 12 times. The one recent article where Jon Cunliffe has been quoted is BoE's Cunliffe says euro-denominated clearing should not be forced into euro zone. Most recently, Jon Cunliffe was quoted as having said, “This reduces the costs of central clearing - costs that are ultimately borne by the real economy - as well as allowing a more efficient and effective management of the risks that brings significant global financial stability benefits. Requiring each of these instruments to be cleared in the jurisdiction of the currency in which they are denominated would simply render multi-currency central-clearing impossible. Currency nationalism is not a necessary condition for either financial or monetary stability, as is demonstrated by international experience over recent decades.”.
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Jon Cunliffe quotes

Sep 02 2015

If credit began to grow faster than GDP, I would want to think very seriously about taking action to manage that sooner rather than

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