Finansiel stabilitet: Kommissionen vedtager tidsbegrænset afgørelse, som giver finansielle markedsdeltagere den nødvendige tid til at mindske deres eksponering over for de centrale modparter (CCP`er) i UK
(WorldNews Denmark)

The European Commission has today adopted a time-limited decision to give financial market participants 18 months to reduce their exposure to UK central counterparties (CCPs). A CCP is an entity that reduces systemic risk and enhances financial stability by standing between the two counterparties in a derivatives contract (i.e. acting as buyer to the seller and seller to the buyer of risk). A CCP`s main purpose is to manage the risk that could...