EU close to addressing too-big-to-fail financial clearing house issue
24 Nov EU close to addressing too-big-to-fail financial clearing house issue
Posted at 16:00h
in
News
by KMFSLLP
European Union governments are
close to agreeing new rules for handling failures of clearing
houses, increasing the burden on these firms to limit losses
that might rock the financial system, EU documents and sources
said.
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