Ferber: Mifid should be reviewed with Brexit in mind
European Union legislator takes aim at CCP open-access provision in further threat to UK clearing
Incoming European Union market rules should be reviewed with Brexit in mind, according to the European parliamentary rapporteur in charge of the legislation, in a move that could limit the access of UK clearing houses to EU trading venue flows after Brexit.
Speaking at a conference in Paris, hosted by the European Securities and Markets Authority (Esma), German member of the European Parliament Markus Ferber suggested a review of the second Markets in Financial Instruments Directive (Mifid II)
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