CCPs support move to DLT in EC response

Computer trading fotolia
By GlobalCapital
20 Jun 2017

The European Association of Clearing Houses (EACH) has responded to a European Commission report on fintech, supporting a move to distributed ledger technologies.

EACH's eight page response gives feedback on the European Commission's March ‘Public consultation on Fintech: a more competitive and innovative European financial sector’. The EC required responses by June 15.

EACH highlighted that central counterparties have historically been at the forefront of using new technology for clearing. The association ...

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