EU to recognise LCH, ICE Clear Europe and LME Clear as third country CCPs
Three UK clearing houses will be recognised as third country CCPs under EMIR while the European Commission’s temporary equivalence decision is in place.
Three UK clearing houses will be recognised as third country CCPs under EMIR while the European Commission’s temporary equivalence decision is in place.
Hester Serafini has led ICE Clear Europe as president on an interim basis since February, and will now take on the role permanently.
Panelists at FIA IDX debated whether buy-side firms have increased their clearing activity for both mandated and non-mandated products.
ESMA has been making plans to prepare for a ‘no-deal’ scenario ahead of Brexit, with disruption to clearing being one of the biggest concerns.
Michael Amakye joins LCH as head of CDS sales following a six year stint at ICE Clear Europe.
Bank of England gives green light over two years after ICE Clear Europe began application process.