EU sets out plans to shift derivatives clearing from London to Frankfurt

ICYMI: reuters.com - Banks and other market participants in the European Union will have to prove to regulators that they are not overly reliant on clearing houses in London for processing their derivatives transactions,… Tweeted by @Pontem16 https://twitter.com/Pontem16/status/1597217382602186752
https://www.reuters.com/markets/europe/eu-sets-out-plans-shift-derivatives-clearing-london-frankfurt-2022-11-28/?utm_source=dlvr.it&utm_medium=blogger