EU backs tougher US line on derivatives

The US administration's tougher talk on clamping down on the over-the-counter (OTC) derivatives markets was welcomed on the 19 April 2010 by Michel Barnier, the EU Financial Services Commissioner.

ESO: Background information: Europe and US split over reform for derivatives http://www.europeansources.info/record/europe-and-us-split-over-reform-for-derivatives/

EurActiv, 9.6.10: EU to launch derivatives consultation this week http://www.euractiv.com/en/financial-services/eu-launch-derivatives-consultation-week-news-495013

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