No-deal deal agreed for UK clearing houses

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By GlobalCapital
05 Feb 2019

The European Securities and Markets Authority (ESMA) has this week agreed to co-operate with the Bank of England (BoE) to ease disruption for UK clearing houses in the event of a no-deal Brexit.

ESMA revealed it has made a memoranda of understanding (MoUs) with the BoE for the recognition of UK central counterparties (CCPs) and of the UK central securities ...

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