The European Commission’s proposals to force large CCPs to submit to supervision or even move to the EU may send some shivers down the neck of anyone trading via a CCP. This is a case of regulatory over-reach to make up for the inability of a coordinated international policy. In the meanwhile, the Commission is pushing a dangerous precedent that could result in untold operational and financial risk for market participants.
This content requires free registration (unlocked content) or a Finadium subscription. Log in or get access today by signing up here.
