European groups fear rule change on clearing

Europe’s biggest companies are worried that exemptions they were granted in principle from key parts of an overhaul of derivatives markets could be jeopardised as regulators struggle to implement global financial reforms.

The development is the latest sign that the time it is taking to implement post-crisis reforms of such markets is creating uncertainty that businesses are struggling to cope with.

ESO: Background information: Proposal for a Regulation of the European Parliament and of the Council on OTC derivatives, central counterparties and trade repositories http://www.europeansources.info/record/proposal-for-a-regulation-of-the-european-parliament-and-of-the-council-on-otc-derivatives-central-counterparties-and-trade-repositories/

ESO: Background information: Derivatives, central counterparties and trade repositories http://www.europeansources.info/record/derivatives-central-counterparties-and-trade-repositories/

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