Brussels, 04/06/2015 (Agence Europe) - The European Commission has decided to extend the transitional period during which banks exposed to central counterparties (CCPs) of third countries with legislation not in line with European law will not be subject to additional capital requirements from 15 June to 15 December 2015.
“The decision will give the market the legal certainty it needs for the next six months”, the Commissioner for Financial Stability, Jonathan Hill, commented in a press...