E.U. Lawmaker To Urge CDS Clearing

Pervenche Beres, a French member of the E.U. Parliament, reportedly will propose mandatory central clearing for over-the-counter credit derivatives.

  • 29 Jan 2009
Pervenche Beres, a French member of the E.U. Parliament, reportedly will propose mandatory central clearing for over-the-counter credit derivatives. Beres, who is chairwoman of the Parliament’s economic and monetary affairs committee, is expected to present the proposal at a discussion on bank capital requirements next week. She also ...

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