CCP turf war simmers as OTC regulations head to the European Parliament

Joel Clark
Duncan Wood
01 Dec 2010

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Non-eurozone central counterparties (CCPs) could find themselves locked out of clearing euro-denominated swaps under new European Union (EU) legislation for over-the-counter derivatives if French politicians and regulators get their way. The French are the most vocal of a group of EU member states pushing for CCPs to be required to have access to central bank liquidity in the same currency as the product being cleared.

That might mean only CCPs located in the eurozone with access to the European

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]