Sector Regulation Sector Regulation

Comment: Laxer EU overseas clearinghouse rules are no guarantee of softer post-Brexit access

By Fiona Maxwell
  • 19 Jun 2020 10:27
  • 19 Jun 2020 10:27

More relaxed vetting procedures for non-EU clearinghouses looking to access the bloc’s clients have been applauded by UK players, but they don't guarantee a change in approach to post-Brexit access.

The new draft rules from the European Commission, published last week (see here) reverse previous proposals from the EU markets watchdog

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