The focus of the Bank's oversight is on the safety of the arrangements to settle the Canadian-dollar portion of foreign exchange transactions. The Canadian Derivatives Clearing Corporation (CDCC) was ...

Under the Payment Clearing and Settlement Act, the Bank is responsible for the oversight of FMIs that have the potential to pose systemic or payments system risk. These include three types of ...

(AACB) is recognised as a world leader in clearing services, with operational centres in three time zones, 11 offices around the globe and a broad coverage of 160 execution venues with multiple asset ...

Now Nick Ogden, founder of payment processor Worldpay, has created the UK's first new clearing bank for almost 200 years, says Emma Dunley in the Financial Times. ClearBank calls itself "a bank ...

Nick Ogden, founder of the first new clearing bank in in the UK in 250 years, hopes to leave behind 'aging technology' Worldpay founder Nick Ogden launched ClearBank today - the UK's first new ...