EU clearinghouses' 'skin in the game' provisions seem set to stay

8 November 2019 9:49pm
EU clearinghouses could have to hold extra capital to prevent failure, after a meeting on Monday of national financial experts largely kept the controversial provisions in a draft regulation, MLex understands.

An additional cushion of own resources that would be stumped up by a central counterparty in financial trouble before member banks are required to chip in appears to have passed muster at that meeting.