Brussels, 30/03/2015 (Agence Europe) - On Sunday 29 March, the European Central Bank and the Bank of England (BoE) announced enhanced cooperation for the supervision of the central counterparties (CCPs), which currently handle 50% of the global market for interest-rate derivatives.
“The ECB and the BoE have agreed enhanced arrangements for information exchange and cooperation regarding UK Central Counterparties with significant euro-denominated business”, the two central banks announced...