EU institutions eye long-awaited CCP deal

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By Jean Comte
18 Jun 2020

Members of the European Parliament and representatives of member states hope to clear the last hurdles for an agreement on a draft regulation on recovery and resolution of central counterparty clearing houses (CCPs) by the end of this month.

MEPs and member state representatives will be restarting talks on the draft regulation on Friday. The prospective rules aim to ensure CCPs can cope with financial distress situations.

The legal text would force each CCP to prepare plans to deal with a failure scenario, specifying which tool ...

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