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Europe Daily Bulletin No. 11570

11 June 2016
Contents Publication in full By article 15 / 30
ECONOMY - FINANCE - BUSINESS / (ae) finance
New rules requiring derivatives to be cleared centrally

Brussels, 10/06/2016 (Agence Europe) - On Friday 10 June, the European Commission tabled new rules requiring certain derivative financial products denominated in three currencies - the Polish zloty, the Swedish krona and the Norwegian krone - to be cleared through central counterparties.

These new rules will be brought in for a transitional period of three years, in order to give small financial companies time to adapt, the European institution states in a press release.

This proposed...

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