BBA and EBF write to Commissioner McCreevy about European central clearing for CDS | Practical Law

BBA and EBF write to Commissioner McCreevy about European central clearing for CDS | Practical Law

On 27 February 2009, the British Bankers' Association and European Banking Federation published letters they have sent to Charlie McCreevy, European Commissioner for Internal Market and Services, regarding the establishment of one or more central counterparties in the EU for the clearing of credit default swaps.

BBA and EBF write to Commissioner McCreevy about European central clearing for CDS

Practical Law UK Legal Update 4-385-1806 (Approx. 3 pages)

BBA and EBF write to Commissioner McCreevy about European central clearing for CDS

by PLC Financial Services
Published on 27 Feb 2009 • European Union
On 27 February 2009, the British Bankers' Association and European Banking Federation published letters they have sent to Charlie McCreevy, European Commissioner for Internal Market and Services, regarding the establishment of one or more central counterparties in the EU for the clearing of credit default swaps.