CCPs and Brexit: don’t forget the rest of the world

Losing equivalence with the US could be more serious than arguments over the location of euro clearing

Europe globe

UK-based clearing houses face a prolonged period of uncertainty after the UK's Brexit vote as they consider whether they need to move their operations to a new jurisdiction. Equivalence between the UK and non-EU countries could be a more important concern than threats from France to force the repatriation of euro clearing. But moving clearing operations from the UK to another jurisdiction is not a straightforward task.

The next UK prime minister will face two main alternatives if he or she

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net 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: