ANALYSIS: Europe sticks to guns by extending UK clearing recognition

3rd February, 2025

Radi Khasawneh
European Commission

The European Commission has maintained its position that European firms should reduce their exposure to UK central counterparties (CCPs), as the EU confirmed plans to extend recognition of the two largest clearing houses by three years.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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