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Draghi defends proposed ECB say over clearinghouse regulation

( February 26, 2018, 17:32 GMT | Official Statement) -- MLex Summary: The European Central Bank president today defended a proposal, now in a bill before the European Parliament, for the ECB to have a say in regulation of clearinghouses that handle large volumes of euro transactions. In his introductory statement to the Economic and Monetary Affairs Committee, ECB President Mario Draghi said volatility in financial markets and exchange rates “deserves closer monitoring.”The original introductory speech follows. ...

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