European politicians have set out plans to seize euro-clearing from London and shift it to the continent. The City has been resisting. The London Stock Exchange Group has warned that UK investors could face a €100bn bill if London loses its euroclearing hub status, whereas Deutsche Börse has questioned that claim.
At July's Financial News breakfast briefing we invite senior market participants to discuss what the European Commission’s latest move for greater control over euro-clearing means for clearing houses, exchanges, traders and investors.