EU’s pragmatic stance on euro clearing likely influenced by Brexit

By Justin Pugsley
Mairead McGuinness
Mairead McGuinness Image: Bloomberg

The European Commission’s proposals on euro clearing seem to have been significantly influenced by Brexit and geopolitical factors, potentially placing the bloc’s derivatives industry in a stronger competitive position.

“We got nearly everything we wanted,” says one industry source, on condition of anonymity. He explains that to a very large ...

To continue reading
Request Free Trial

  • Unlimited access to all content.
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.

Read Next:

AI, Research
April 18, 2024

One in five banks now prioritise integrating AI into compliance

Some banks are developing ways to ease the burden on compliance teams
Read more