EU close to addressing too-big-to-fail financial clearing house issue
European Union governments are
close to agreeing new rules for handling failures of clearing
houses, increasing the burden on these firms to limit losses
that might rock the financial system, EU documents and sources
said.
close to agreeing new rules for handling failures of clearing
houses, increasing the burden on these firms to limit losses
that might rock the financial system, EU documents and sources
said.
Posted by Reuters
