LCH users weigh early exit as fears grow of EU ban

Exit sign — LCH users not ready "to pull the trigger yet" - but firms could start departing in early 2018

Luke Clancy
Duncan Wood
02 Aug 2017

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

European users of LCH are speaking to at least two rival clearing houses as they consider leaving the London-based venue before a potential ban can trigger a mass exodus.

Under proposals issued in June, European Union entities could be barred from using LCH or face a huge increase in capital requirements once the UK leaves the EU in March 2019. Further details on the timing and scope of the ban are not expected until the second half of next year, potentially leaving a tight window for

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]