Sector Regulation Sector Regulation

‘Active account’ requirement under EU clearing rules revamp shouldn’t be number-based, France says

A requirement to hold an “active account” at an EU clearinghouse under a revamp of the bloc’s clearing rules should not introduce a numerical threshold for the level and type of activity in the account, French experts have said.

Instead, there should be operational requirements that apply to all EU market participants

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Kathryn Carlson

Financial Services Correspondent, Europe

Kathryn is a correspondent leading EU financial services coverage for MLex in Brussels. She previously covered energy and trade as a reporter for MLex, and has written for Reuters and The Times of London among other outlets. Kathryn holds a degree in English Literature from the University of Oxford and spent time working in Italy and France before making the move to Brussels.

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