EU member states put CCP resolution file in waiting mode

European_flag_Parliament_Fotolia_230x150
By Jean Comte
25 Jan 2018

European Union member states in the process of thrashing out legislation on central counterparty clearing house (CCP) resolution procedures have put their negotiations on ice, as the project is contingent on a separate file that is still unresolved.

Several sources following the talks have told GlobalCapital that in early January the Council of the European Union decided to pause work on the CCP resolution file. The break, which is open-ended, is set to last at least a few months. The extra time is needed for more clarity ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.