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Financial services industry believes extension of UK clearinghouse access to EU looks likely

Published on: 22 October 2021
Published by: MLex
  • Financial services industry believes extension of UK clearinghouse access to EU looks likely

Article summary

MLex: Bank and asset-management representatives have said they are cautiously confident that the EU will extend a temporary access arrangement for UK clearinghouses to the EU’s markets in 2022. The European Commission has told EU lenders to reduce their reliance on UK clearinghouses post-Brexit, but market participants believe another extension is on the cards, the International Swaps and Derivatives Association European Conference in London heard on 21 October 2021. or take a trial to read the full analysis.

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