ECB's Constâncio: grant CCPs access to central bank liquidity

- Claire Jones
- 18 Oct 2010

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Constâncio said in a panel discussion in Washington, DC on October 10: "We are in favour of central counterparties having access to liquidity because we understand it would be important. However, there would be conditions. We would like central counterparties to have a type of bankers' licence and they would therefore have to be regulated. We want to be sure we can deal with them as good counterparties."

Constâncio was responding to comments made by José Viñals, the director of the monetary and

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