EU risks backlash on CCP supervision – UK MEP

Swinburne says US could retaliate over fears of “damaging blanket Brexit policy”

Kay Swinburne
US concerns could result in “retaliatory regulatory action” – Kay Swinburne

Europe’s plan to revamp its oversight of third-country clearing houses risks a backlash from the US, an influential UK member of the European Parliament (MEP) has warned.

Proposals issued by the European Commission (EC) in June 2017 would subject some clearing venues to additional oversight. The policy is seen as a response to the UK’s decision to leave the European Union – which would cut off European authorities from the market’s main clearer of euro-denominated swaps, London-based LCH – but

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:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: