ECB withdraws initiative on conferral of powers in relation to central counterparties (CCPs)

Mar 21 2019

The Governing Council of the European Central Bank (ECB) has withdrawn its recommendation to amend Article 22 of the Protocol on the Statute of the European System of Central Banks (ESCB) and of the ECB regarding the extension of its legal competence over clearing and payment systems to central counterparties (CCPs).


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