Eurozone location requirement for CCPs: annulled | Practical Law

Eurozone location requirement for CCPs: annulled | Practical Law

The EU General Court has annulled the European Central Bank’s Eurosystem Oversight Policy Framework in so far as it requires certain central counterparties to be located within the eurozone.

Eurozone location requirement for CCPs: annulled

Practical Law UK Articles 9-605-5119 (Approx. 3 pages)

Eurozone location requirement for CCPs: annulled

by Slaughter and May and Practical Law Financial Services and Practical Law Corporate
Published on 26 Mar 2015 • European Union, United Kingdom
The EU General Court has annulled the European Central Bank’s Eurosystem Oversight Policy Framework in so far as it requires certain central counterparties to be located within the eurozone.