The Group of Thirty based out of Washington, DC, has become particularly concerned with the risks derivatives pose. Since 1995, it has issued several publications to address these problems. The first of these was published in August 1996, and is titled “International Insolvencies in the Financial Sector, Discussion Draft.” This document advances fourteen ideas A third publication dealing with the aftermath of Barings, is titled “Global Institutions, National Supervision and Systemic Risk” (1997). This discusses reforms that have already been put in place. These reforms include “expanded use of netting and collateral; improvements in measuring risk; greater disclosure of off-balance-sheet risk; substantial increases in equity capital of major financial institutions; financial sector consolidation; and the growth of securitization.”2