10/11/2021 (Agence Europe) – The Commissioner for Financial Services, Mairead McGuinness, announced, on Wednesday 10 November that the Commission would “soon” propose an “extension of the equivalence decision for UK central clearing houses (CCPs)”, initially limited to 30 June 2022 (see EUROPE B12564A9). In the Commission’s view, while over-reliance on UK-based CCPs for certain clearing activities is a source of risk to financial stability in the medium term, an abrupt...