Offers of judgment encourage settlement by shifting litigation risks to the party that refuses a reasonable settlement offer, thus forcing the party to carefully assess whether proceeding to trial is ...

Stronger funding levels, favourable pricing, and an active insurer market mean that risk settlement transactions are within reach for more schemes than ever before – but preparation is critical to ...

This issue contains three papers on central counterparties (CCPs). In our third and final paper, “The customer settlement risk externality at US securities central counterparties”, we see Sam ...

“So we're really looking at eliminating that settlement risk, or Herstatt risk, and moving it towards the traditional finance space.” Under the hood, assets are held with qualified or ...