On Thursday 30 January, the European Commission adopted a decision extending by three years - until the end of June 2028 - the decision establishing the equivalence of prudential rules governing central counterparties (CCPs) in force in the European Union and the United Kingdom(see EUROPE B13565A17).
With this extension of equivalence for UK CCPs, “we are avoiding short-term risks” for EU financial players, said European Commissioner for Financial Services and the Savings and...