Financial Services Financial Services

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 watchdo

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Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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