EU expected to publish clearing proposal on December 7

Requirement for actively managed accounts in EU still being discussed by European Commission

European Commission
The European Commission building, Brussels

The European Commission is due to publish its long-awaited proposals to reform clearing in the European Union on December 7, according to five sources close to the discussions.

The sources say that the date is currently being targeted by the EC, but that there is still some level of uncertainty. The agenda for the EC’s College of Commissioners appears to confirm that the “review of the European Market Infrastructure Regulation” will be discussed on that date, without mentioning a specific

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