We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

EU Agrees To Stricter Rules For Foreign CCPs Ahead Of Brexit

Law360, London (March 14, 2019, 3:45 PM GMT) -- Clearinghouses based outside Europe that service transactions within the bloc will be subject to more robust rules, including measures that could force them to relocate to a member state, European lawmakers have agreed — days before Brexit means British central counterparties will fall out of the EU’s remit.

The European Parliament and the Council of the European Union agreed on Wednesday to rules drafted to help Europe’s regulators oversee clearinghouses, as Britain prepares to depart from the bloc on March 29. Three British central counterparties, or CCPs, will no longer be subject to EU rules after Brexit.

The reforms, aimed at strengthening...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!



Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.



Government Agencies