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Europe Daily Bulletin No. 9012

25 August 2005
Contents Publication in full By article 14 / 18
GENERAL NEWS / (eu) eu/financial services
Fair & Clear welcomes Kauppi report on clearing and settlement in EU

Brussels, 24/08/2005 (Agence Europe) - The organisation Fair & Clear considers the report by the MEP Piia-Noora Kauppi (EPP/ED, Finland) on clearing and settlement in the EU to constitute a “well-balanced approach between market-driven actions and regulatory initiatives” (see EUROPE 8987 and 9004). In order to create an effective European system for “post-trade” operations, as recognised in the Kauppi report, the issues relating to the “systematic risk” and “anti-competitive...

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