UK to permanently recognise US CCPs

Regulators also launching review on long-term status of UK pension fund clearing exemption

HM-Treasury-building
HM Treasury building in Westminster, London

After four years of temporary equivalence in the wake of Brexit, UK regulators plan to announce permanent recognition for US clearing houses by the year-end.

In February 2019, the UK’s Prudential Regulation Authority and Financial Conduct Authority granted US central counterparties (CCPs) temporary recognition, allowing them to continue offering clearing services to firms in the UK after the country’s official exit from the EU the following year. According to a UK Treasury official, this

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net 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