Europe is set to recognise five more countries as having “equivalent” rules to oversee clearing houses as Brussels steps up efforts to smooth cross-border activity in derivatives.

Applications by Switzerland, Mexico, Korea, Canada and South Africa to have their rules for clearing houses deemed being of the same standards as those for clearing houses in the EU will be voted upon by the European Commission over the coming week.



WP to LinkedIn Auto Publish Powered By : XYZScripts.com