Sector Regulation Sector Regulation

London's ICE, LCH told they can keep EU access for now; ESMA advises curbs for future

By Jack Schickler
  • 17 Dec 2021 05:28
  • 17 Dec 2021 05:40
UK-based clearinghouses LCH and ICE Clear Europe have been given a stay of execution by the European Securities and Markets Authority, which has leaned in favor of continuing their access to EU banking clients. 

But the two companies may now see their interest-rate and credit default business within the bloc progressively curbed, with

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