EU clearing and settlement code unveiled

REGULATORY UPDATE

Many have welcomed the code, some believe it should go further. Denis Peters, corporate communications director of Euroclear bank in Brussels, stated there was "no reason" the code should apply to equities alone.

The Code of Conduct, unveiled after dialogue between the Federation of European Securities Exchanges, the European Association of Central Counterparty Clearing Houses and the European Central Securities Depositories Association, forms a key part of European Commissioner for the Internal

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