EC may extend capital relief for non-EMIR CCPs

By Hazel Sheffield
23 Sep 2014

The European Commission is considering a six month extension to relief for central counterparty clearing houses not yet registered for clearing.

In his keynote address at the 35th annual Bürgenstock Global Forum for Derivative Markets in Geneva on Tuesday, Martin Merlin, director of financial markets, directorate general for the internal market and services, European Commission, said the regulator is hopeful CCPs can become operational in 2015, but further relief from ...

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