EU snubs plan to delay CCP open access rules, for now

Attempt to squeeze delay into crowdfunding rules fails, but Mifid review provides last chance

time freeze - Getty
Frozen out: 24-month delay to obligation requiring venues give listed derivatives traders freedom of clearing choice

A proposed 24-month delay to the obligation requiring trading venues to allow listed derivatives traders the freedom of choice on where to clear their trades has been excluded from a final agreement on unrelated rules for crowdfunding platforms, Risk.net has learned.

The European People’s Party (EPP), a centre-right group in the European Parliament, had requested a delay to the obligation in an email, which was leaked to Risk.net. The idea was to insert a short section introducing this delay

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