Carrot or stick? How the EU plans to reduce reliance on UK CCPs for derivatives clearing
The TRADE
JUNE 20, 2023
Active account requirements for swaps clearing proposed under Emir 3.0 regulation will be unavoidable if participants cannot otherwise be incentivised to reduce their reliance on CCPs in the UK, a panel at the International Derivatives Expo has said. The EU should reduce exposure to UK CCPs.
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