A leaked compromise textual content from European Union trilogue negotiations reveals lawmakers are contemplating a major enlargement to the scope of guidelines requiring clearing of over-the-counter derivatives, doubtlessly dragging smaller corporations into obligatory clearing.
“It’s actually there to attempt to scope in as many funds as doable and as many monetary entities as doable,” says a European business supply. “These are funds which might be clearing voluntarily which might be going to be penalised for it.”
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