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European Commission

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The European Commission and the U.S. Commodity Futures Trading Commission announced an agreement on common derivatives clearinghouse standards that will pave the way for European regulators to grant equivalence to U.S. clearinghouses. It will allow European CCPs to do business in the U.S. more easily and U.S. CCPs to continue to provide services to EU companies. The deal will also result in millions of dollars of savings daily in the amount of collateral derivatives dealers …  View page

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