Memo: Commissioner Charlie McCreevy welcomes Industry Commitment to EU Central Counterparty for CDS

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Series Details MEMO/09/77 (19.02.09)
Publication Date 19/02/2009
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The International Swaps and Derivatives Association and the European Banking Federation have committed to the use of Central Counterparty Clearing (CCP) for Credit Default Swaps (CDS) in the European Union.

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/09/77&format=HTML&aged=0&language=EN&guiLanguage=en
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