01.27.2025

FIA Welcomes Extended EU Equivalence For UK Clearinghouses

01.27.2025
FIA Welcomes Extended EU Equivalence For UK Clearinghouses

Jackie Mesa, FIA’s Chief Operating Officer & Senior Vice President of Global Policy, made the following statement on the equivalence decision announced by the European Commission.

“FIA welcomes the Commission’s proposed extension of the equivalence decision. While our members prefer a non-time limited equivalence determination, once finalised, the three-year extension will provide much needed certainty to EU market participants for the moment.”

Source: FIA

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