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EC temporary equivalence decision for UK CCPs

The European Commission (EC) announced the adoption of a time-limited equivalence determination for UK central counterparties (CCPs) on 21 September 2020. In light of the decision, EU clearing members will be able to continue accessing recognised UK CCPs from 1 January 2021 until 30 June 2022. 

Download this At a glance to see our summary of the decision, and what it means for firms.

 

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Andrew Gray

Andrew Gray

Partner, PwC United Kingdom

Tel: +44 (0)7753 928494

Conor MacManus

Conor MacManus

Director, PwC United Kingdom

Tel: +44 (0)7718 979428

Luke Nelson

Luke Nelson

Director, PwC United Kingdom

Tel: +44 (0)7808 107043

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