Brexit: banks too relaxed on CCP relocation
IFLR is part of Legal Benchmarking Limited, 4 Bouverie Street, London, EC4Y 8AX
Copyright © Legal Benchmarking Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Brexit: banks too relaxed on CCP relocation


The recently agreed Brexit transitional agreement has caused everyone to relax on CCP relocation despite nothing being set in stone. If pressure isn't consistently applied and euro clearing is forced to move, trades will be more expensive in terms of risk-weighted assets, plus the capital required to support the business would be around 50 times higher.

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login
Gift this article