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Shanghai, Dubai clearinghouses get ESMA approval to provide services in EU

( October 3, 2022, 16:15 GMT | Official Statement) -- MLex Summary: The Shanghai Clearing House and Dubai Clear have been approved to provide services to EU market participants. The European Securities and Markets Authority said it had updated its list of third-country clearinghouses to include these two entities, after China's regulatory framework was deemed equivalent to the EU’s in June. An equivalence decision was already in place for the United Arab Emirates.Statement follows...

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