Written Question·Treasury·UIN 13971

Financial Services: Euro

Tabled: 12 November 2024
Answered: 25 November 2024
Named Day

Question

Lauren Edwards

LabourRochester and Strood

To ask the Chancellor of the Exchequer, what discussions she has had with her European Union counterparts on the future of EU denominated clearing in the UK beyond June 2025.

Answer

Tulip Siddiq
The EU took the decision in early 2022 to extend its equivalence decision for UK central counterparties, made under Article 25 of the European Market Infrastructure Regulation, until June 2025. Equivalence decisions are made on a unilateral basis by EU au...

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 13971) →