PARLIAMENTARY WRITTEN QUESTION
(2 December 2024)
Question Asked
Asked by:
Lauren Edwards (Labour)
Answer
As set out in my previous response, it is a decision for EU authorities whether to extend further the Article 25 EMIR decision for UK CCPs. As the Bank of England has noted previously, there are financial stability risks which might arise from EU firms having to exit from UK CCPs at pace. HM Treasury, alongside the financial services regulators, will therefore continue to monitor the situation.
Answered by:
()
1 January 1970
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