Each: CCPs seek safety in numbers

Each and everyone

Marcus Zickwolff at Eurex
Marcus Zickwolff

For Europe's central counterparties (CCPs), the regulatory machine has just shifted into a higher gear, bringing with it a host of nitty-gritty detail – and growing concerns that the region’s clearing houses may end up being subjected to tougher standards than those in use elsewhere.

The detail is contained in a February 16 discussion paper from the European Securities and Markets Authority (Esma), which asks 83 questions on topics ranging from remuneration to margin standards – a first step

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