This research paper outlines how post-trade financial services work and how relying on central counterparties outside the EU poses political and economic risks to the financial stability of the Union. It demonstrates recent migration away from established venues in London to the EU and the United States, and evaluates prospects for further establishment of post-trade services in the EU.
This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on Economic and Monetary Affairs (ECON).Source : © European Union, 2023 - EP