Brussels, 30/06/2014 (Agence Europe) - The European Commission will soon be commenting on the equivalence of rules for central clearing houses (CCPs) for financial derivatives in five non-EU countries.
In a press release issued on Friday 27 June, Internal Market Commissioner Michel Barnier said: “I intend to propose shortly that the European Commission adopt 'equivalence' decisions that will allow CCPs from five countries outside the EU - Japan, Singapore, Australia, Hong Kong and India -...