Euro clearing location paper due on June 28

Short precursor on Brexit-related initiative expected on May 4, alongside Emir review

Brexit and the City
Contentious issue: euro clearing location could be used by the EU as a bargaining chip in Brexit talks

The European Commission (EC) looks set to decouple the question of supervising euro clearing from its ongoing review of the European Market Infrastructure Regulation (Emir), according to three senior financial industry sources at trade associations. A separate “euro clearing and surveillance paper” is instead expected in the last week of June. This suggests the EC is actively considering measures that could force the clearing of euro-denominated derivatives out of the UK after Brexit.

On May 4

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