Written Question·Treasury·UIN 13971
Financial Services: Euro
Tabled: 12 November 2024
Answered: 25 November 2024
Named DayQuestion
Lauren Edwards
Labour — Rochester 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 SiddiqThe 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...
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