BoE's Brexit intervention is welcome

Bank of England fotolia
By GlobalCapital
09 Oct 2018

Tuesday’s intervention by the Bank of England into the debate on the future of euro clearing is another welcome move from regulators. The debate has been too long dominated by political noisemaking.

When it comes to the location of clearing businesses, derivatives market participants do not have the luxury of waiting until the last minute. The habit of Europe's political sphere is to negotiate down to the wire. As far as Brexit is concerned, a no-deal departure is still firmly ...

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