Creating a Stronger Financial System: New EU rules for the recovery and resolution of Central Counterparties

On 16 December 2016, the European Commission resolved that India, Brazil, New Zealand, Japan Commodities, United Arab Emirates (UAE) and Dubai International Financial Centre (DIFC) had equivalent regulatory regimes for central counterparties (CCPs) to the European Union.

The Commission also decided that the rules governing certain financial markets in Australia, Canada, Japan and Singapore could be considered the same to those in the EU.