Brexit, financial stability and the supervision of clearing systems
In-Depth Analysis
15-02-2018
This paper examines the evolution of the supervisory framework of third-country CCPs in the EU making special reference to risks associated with the imminent withdrawal of the United Kingdom from the European Union (Brexit). Its key finding is that the proposed reform is in principle in the right direction but there are still challenges ahead and a more comprehensive package of measures will be required to address them.
In-Depth Analysis
External author
Andromachi GEORGOSOULI, Centre for Commercial Law Studies, Queen Mary University of London
About this document
Publication type
Keyword
- clearing agreement
- cooperation policy
- economic geography
- EU institutions and European civil service
- Europe
- European Central Bank
- European construction
- European Securities and Markets Authority
- EUROPEAN UNION
- executive power and public service
- FINANCE
- financial supervision
- free movement of capital
- GEOGRAPHY
- INTERNATIONAL RELATIONS
- monetary economics
- monetary policy
- monetary relations
- operation of the Institutions
- payment system
- political geography
- POLITICS
- regulatory policy
- third country
- United Kingdom
- withdrawal from the EU