EU member states put CCP resolution file in waiting mode

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 ...

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