UK clearing giant LCH hopes to gain permanent post-Brexit access to EU clients by building on a temporary deal that Brussels has offered, chief executive Daniel Maguire said today. LCH feels secure after the EU confirmed that UK-based clearinghouses could continue to offer services under a temporary equivalence arrangement until June
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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.