Collateral and Financial Plumbing, 2nd Impression

About the Author Manmohan Singh is a senior economist at the IMF. He writes extensively on topical issues including collateral and monetary policy, rehypothecation and velocity of collateral, deleveraging in financial markets, shadow banking, and counterparty risk in OTC derivatives. Singh has led the IMF s workshops for official policymakers on strategic asset-allocation issues and the new financial regulatory framework. His articles have frequently appeared in the Financial Times, the Wall Street Journal, Euromoney, Risk, the Journal of Financial Infrastructures and other publications. His work experience covers several countries, including the UK, the US, Chile, India, Japan, Hungary, Poland, the Gulf countries and, more recently, peripheral Europe. Product Description Collateral management in monetising assets has never been more important, policy makers recognising this fact have started to pay increased attention to the complex collateral plumbing that is fundamental to lending and enabling growth in the economy. Use this book to make sure your collateral management is at its most effective. Discover the importance of financial plumbing, gain a practical understanding of how financial collateral moves across jurisdictions and also how to navigate the future as rules and regulations for the global financial markets are redrawn in this essential second impression.