The European Parliament has announced that its Committee on Economic and Monetary Affairs has voted to adopt by 49 votes to 3 (with 6 abstentions) its draft report on the proposed Regulation on the recovery and resolution of central counterparties.  Three-way negotiations between the European Parliament, the Council and the Commission on the rules will follow, once Member States agree their common stance.

View Clearing houses’ recovery and resolution plans fit to bear losses with no cost to taxpayers, 25 January 2018