Euroclear buys Crest in all-share deal
“This is a giant step towards the delivery of an integrated European capital market,” said Nigel Wicks, Crest chairman. “This merger gives customers settlement consolidation while preserving customer choice and open access to services.”
Crest and Euroclear claim the new cross-border group will provide the market with substantial back-office
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Regulation
ECB grants post-Brexit reprieve on large exposures limit
Exemption for intra-group exposures to UK will be preserved pending a decision on equivalence
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