Blog Category: Clearing Equivalency
June 17, 2016
Extension of QCCP Deadline Shows EC and SEC Are Working Together To Achieve Common Approach on Equivalency
By Craig Donohue
OCC recently commended the European Commission for its decision to extend the transitional period deadline for CCPs such as OCC to be recognized as QCCPs. Craig Donohue, OCC's Executive Chairman, discusses the importance of qualifying CCP status overseas. In addition to avoiding potential market disruptions, these rules also would also allow for impacted CCPs to further enhance their resiliency.
Categories: Clearing Equivalency, Regulation