Sector Regulation Sector Regulation

Cutting off UK clearinghouses from EU will increase costs and disruption, industry says

By Fiona Maxwell
  • 27 Sep 2021 08:18
  • 27 Sep 2021 08:18
If UK clearinghouses are cut off from accessing EU markets from June next year, costs will increase for clients and market disruption is on the cards, banks, clearinghouses and asset managers said today. 

Forcing EU lenders to move their portfolios from a UK clearinghouse such as LCH, to an EU-based one

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