EC OKs new ECB powers as BoE warns on clearing disruption
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EC OKs new ECB powers as BoE warns on clearing disruption

Bank of England fotolia

Debate on the location of euro clearing flared up again this week as the Bank of England warned of “substantial risk of disruption” for the activity, while the European Commission gave its blessing to more powers for the European Central Bank over central counterparties (CCPs).

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