EU relaxes derivatives rules – smart economic policy or a reaction to global competition?
The European Union last week proposed simpler and more efficient derivatives rules, a move that is widely accepted as helpful for a wide range of corporations, pensions and smaller banks. This is long overdue – we wonder if this is only fine tuning the rules or is a combination reaction to US deregulation that is sure to have a competitive impact on the European landscape. This content requires registration. Get access today by signing up here.