Unclear on clearing in Germany

Unclear on clearing


In an ideal world, derivatives users would spend the next few months applying the finishing touches to their plans to adopt central clearing. The final version of the European Market Infrastructure Regulation (Emir) was agreed in March, and legislators are determined mandatory clearing for certain standardised over-the-counter derivatives should come into force next year. In reality, there are plenty of things holding participants back – not least, the fact that crucial technical standards are n

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