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Image header Agence Europe
Europe Daily Bulletin No. 11512
Contents Publication in full By article 14 / 34
ECONOMY - FINANCE / (ae) finance

Commission recognises equivalency of American rules on CCPs

Brussels, 15/03/2016 (Agence Europe) - On Tuesday 15 March, the European Commission adopted an equivalency decision regarding the American prudential rules governing the activities of central counterparty (CCP) clearinghouses for derivative financial products.

This decision is based on the agreement reached on 10 February of this year, following three years of discussions, between the Commission and the American Commodity Futures Trading Commission (CFTC) (see EUROPE 11487). It will allow...

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