Brussels, 01/03/2016 (Agence Europe) - On Tuesday 1 March, the European Commission proposed that certain credit default swaps are gradually brought under a centralised clearing scheme operated by central counterparties (CCPs).
Drafted on the basis of an opinion of the European Securities and Markets Authority (ESMA), this implementing measure of Regulation 648/2012, which lays down the rules on market infrastructure, refers in particular to CD products in Euro and covering the default risk...