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European Commission extends UK CCP equivalence for three years

Published on: 31 January 2025
Published by LNB News

LNB News 31/01/2025

Document Information

Issue Date: 31 January 2025

Published Date: 31 January 2025

Jurisdiction(s): Eire and European Union

Article summary

The European Commission has adopted a decision to extend the equivalence for UK central counterparties (CCPs) for three years, until 30 June 2028. The Bank of England has welcomed the extension, saying it ‘supports financial stability and the sound functioning of financial markets in both the UK and the EU’.

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