Friday June 5 2015
News Source: Global Exchanges
Focus: MiFID (Global Exchanges)
Type: General
Country: European Union
Link: http://europa.eu/rapid/press-release_IP-15-5102_en.htm?locale=EN
The European Commission has adopted an implementing act that will extend the transitional period for capital requirements for EU banking groups’ exposures to central counterparties (CCPs) under the Capital Requirements Regulation (CRR). The CRR introduced a capital requirement for the exposures of EU banks and their subsidiaries to a CCP.
Click on the link above for further details.