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Newsletter January 2013: CCP interoperability guidelines proposed

Simon Turmaine | January 15, 2013

PARIS – European regulators are consulting on guidelines intended to underpin the right of derivative market users to choose any clearing house irrespective of where they execute their trades – a principle known as interoperability. This proved a very contentious matter during the negotiations of the EU’s European Markets Infrastructure Regulation (EMIR), which was finally agreed early last year.

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