They are concerned that banks' efforts to lay off risk using credit derivatives may  1  Concerns about the availability of high-quality collateral sufficient to meet the growing demands in these markets have abated as the use of cash as collateral has become widespread.
(2018), “Big tech in finance and new challenges for public policy”, keynote address at the FT  Banking Summit, London, December. 7 While investors typically cannot redeem claims early, they can choose not to roll over maturing claims. 8 61% of incumbent institutions indicated that fintechs threated to decrease their revenues in the payment and  settlement domain.