This report by the Bank for International Settlements analyses the potential implications for financial stability and efficiency of alternative access arrangements to central counterparties.

The Cannes Summit (3-4 November 2011) was dominated by discussion of the global economy, particularly developments in the Eurozone debt crisis. Other major issues discussed included financial regulation, trade, jobs, food security, agricultural productivity and development.

The Basel Committee on Banking Supervision has published a second consultative paper on the capitalisation of bank exposures to central counterparties.

The Financial Action Task Force has published an update following its plenary meeting in Paris on 27-28 October 2011 relating to strategic anti-money laundering and combating the financing of terrorism.