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Extending UK clearing equivalence past 2025 is a question for the future, EU financial services chief says

By Kathryn Carlson ( December 7, 2022, 15:00 GMT | Insight) -- The EU’s financial services chief does not rule out an extension of an equivalence regime with the UK for clearing after 2025, in spite of a raft of measures put forward by the European Commission today to drag clearing operations away from London. Mairead McGuinness said she can’t speak for what the EU executive will choose to do once her term ends in 2024.The EU’s financial services chief does not rule out an extension of an equivalence regime with the UK for clearing after 2025, in spite of a raft of measures put forward today to drag clearing operations away from London....

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