Start of EU clearing mandate could drag into 2015

Nick Sawyer, editor-in-chief of Risk, and Risk staff writer Tom Osborn discuss the timeline for clearing in Europe, and the tensions this could create with other regulators

euro in black light

With the first clearing mandates for some interest rate and credit derivatives products now in force in the US, attention is turning very much to Europe. Most people had expected mandatory clearing in the European Union to start next year, but there is a growing sense that the process will probably stretch into 2015 – and possibly into 2016.

The process for setting a clearing obligation starts only when a national authority approves a central counterparty (CCP) to clear a class of over-the

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 or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

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