Equivalence Explained
Clearing across national boundaries can be confusing. But with the implementation of mandatory European clearing, US and European regulators are now providing greater clarity on the roles and safeguards for CCPs.
To learn more about how equivalence affects you, take a look at our short video.
Areas covered include:
1. US and European CCP holding periods
2. Default fund protection
3. Procyclicality risk
4. Substituted compliance
