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Image header Agence Europe
Europe Daily Bulletin No. 11884
Contents Publication in full By article 21 / 31
ECONOMY - FINANCE - BUSINESS / Finance

Idea of single resolution fund for central counterparties splits MEPs

The draft joint report by Jakob von Weizsäcker (S&D, Germany) and Kay Swinburne (ECR, UK) on the proposed regulation for a recovery and resolution framework for central counterparties (CCP) was favourably received, on Monday 16 October, when it was examined by the members of the committee on economic and monetary affairs (ECON) of the European Parliament. The idea of a single resolution fund for the resolution of central counterparties, defended by the Social Democrats, did not secure...

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