EU to allow Britain temporary euro clearing access until June 2022

  15 September 2020    Read: 580
EU to allow Britain temporary euro clearing access until June 2022

The European Union is likely to grant clearing houses in Britain access to the bloc’s market for 18 months from January, two industry sources said on Tuesday.

The sources said temporary access would be granted until June 30, 2022.

Britain left the EU in January and unfettered access under transition arrangements ends on Dec. 31.

 

 


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