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TEHRAN, Feb 18 - Europe’s financial markets regulator has granted approval to UK-based derivatives clearing houses to continue serving EU clients if there’s a no-deal Brexit, a major boost to London’s battle to remain the central market for euro clearing.
TEHRAN, Young Journalists Club (YJC) - The European Securities and Markets Authority said the decision to allow LCH Limited, ICE Clear Europe and LME Clear to continue operating was to limit disruption and avoid potentially negative impacts on financial market stability.
Source: Reuters
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