EU governments back rules to raise burden on clearing houses in case of failure
European Union governments
agreed on Wednesday new rules for handling failures of clearing
houses, an EU statement said, in a move that would increase the
burden on these firms to limit losses that might rock the
financial system.
agreed on Wednesday new rules for handling failures of clearing
houses, an EU statement said, in a move that would increase the
burden on these firms to limit losses that might rock the
financial system.
Posted by Reuters
