This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Comment: Competitiveness fears for EU banks will undermine plan to cut off UK clearinghouses

By Fiona Maxwell ( April 6, 2022, 11:59 GMT | Comment) -- Political ambitions to reduce EU financial institutions' reliance on London clearinghouses while building up viable alternatives in the bloc may end up punishing them. The European Commission has been handed a range of carrot-and-stick approaches recommendations by the EU's markets regulator, but encouraging euro clearing into the bloc looks like having to be heavy on the stick, and banks fear it will undermine their competitiveness.EU banks look set to be the ones to suffer as the bloc progresses with efforts to cut London’s clearinghouses adrift....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections