Stay of execution

The clearing and settlement industry has been given a reprieve from burdensome EU directives. But, as David Benyon discovers, it must work quickly to implement its own code of conduct

The future of the European Union's clearing and settlement framework hangs in the balance. Regulators, investors, and financial services firms recognise the need for integration of the large number of national clearing and settlement platforms across the EU, to provide a smoothly functioning back office to match the EU-wide platform the Markets in Financial Instruments Directive (Mifid) has created. But according to industry experts, progress in achieving the integration of national clearing and

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Switching CCP – How and why?

As uncertainty surrounding Brexit continues and the impacts of Covid-19-driven market volatility are analysed, it is essential for banks and their end-users to understand their clearing options, and how they can achieve greater capital and cross…

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