The Commission has proposed a requirement for firms clearing certain Euro-denominated products to clear a portion in the EU and maintain an ‘active account’ at an EU-based clearing house
Source: assetservicingtimes.com
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Backlash against the EU's new active clearing account requirements continues as sell-side voice concerns
Around two thirds of sell-side clearing managers do not support the EU’s recent proposals to implement active account requirements for Euro denominated swaps…
Source: biztoc.com