‘Regulatory equivalence’ not enough for post-Brexit UK CCPs – Cœuré

Benoît Cœuré

European regulators must insist on tougher standards than “regulatory equivalence” to ensure the safety of central counterparties (CCPs) located in the UK after Brexit, Benoît Cœuré, member of the European Central Bank’s executive board, said at a conference in Frankfurt on April 23.

There is a “systemic risk” posed to European Union financial markets from CCPs located outside the EU but with “substantial activities” inside it. “This aspect will become increasingly important after the United

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: