They will also reduce and allow more systematic control of cross-exposures between financial firms in this market, by ensuring that central counterparties are placed between the two participants in standardised transactions and by setting minimum capital and margining requirements. But further progress is needed in important areas.
Jean-Claude Trichet: How to better protect the euro area against financial instability – Interview in La Stampa Interview with Mr Jean-Claude Trichet, President of the European Central Bank, in La Stampa, Italy, conducted by Mr Stefano Lepri, 14 October 2010. *  *  *  Mr President, is the crisis of the euro over?