Inter-institutional negotiations on the proposal for a Regulation establishing a single resolution and recovery framework for authorised central clearing houses (CCPs) in the EU resumed (see EUROPE B12426A7) on Friday 19 June and may already be concluded at the next 'trilogue' on the evening of Tuesday 23 June.
At least that is the objective that the co-legislators have set themselves, we have been told. However, according to a European source, there are still a number of open issues,...