EC lays out plan to control euro clearing
June 15, 2017

Eric Juzenas, director of regulatory advisory at Chatham Financial, raised concerns about potential retaliation from US regulators such as the Commodity Futures Trading Commission (CFTC). “The proposal could possibly trigger further consideration by the US Financial Stability Oversight Council, designating EU and UK clearing houses as systemically important financial market utilities — something the FSOC has held off on so far.”

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