EU Council leans towards special treatment for FX

Miriam Siers
28 Mar 2011

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The Council of the European Union continues to recognise the unique nature of foreign exchange contracts, but stresses it is not advocating a full exemption from mandatory clearing requirements under new rules for over-the-counter derivatives.

On March 17, the Council published its latest compromise proposal on the European Commission's (EC) proposed regulation, which acknowledges clearing contracts through central counterparties (CCPs) might not be the best solution for dealing with settlement

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]