SEC vote brings US-EU closer to derivatives equivalency
Equivalency will ease the capital cost for European banks doing business with US CCPs.
Tag: equivalency
EU-US regulators reach landmark CCP agreement
The agreement will allow US clearing houses to continue serving European banks.
CME chairman confident on US-EU equivalency agreement
The cut-off date for the ruling is February 21, and if an agreement is not reached by then, the cost for European banks to trade and clear with US clearing houses will sky rocket.