Table of contents
- Original news
- What is the background to the new Commission rules?
- What are the main requirements set out in the rules?
- What should firms do as a result of the new rules?
- What advice should firms be giving to their clients?
Article summary
Financial Services analysis: The European Commission recently adopted new rules regarding central clearing of certain over-the-counter (OTC) interest rate derivative contracts. Brett Hillis, partner at Reed Smith, along with Joanna T Williams, counsel, and Jennifer Schwalbenberg, associate at the firm, explain the new requirements.
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