There are no significant obstacles impeding the application of the passport to Canada and other countries
European securities regulators launch consultation with discussion paper
The comment period is open until June 30
The tests will focus on the risk that European CCPs would face if multiple clearing houses defaulted and they suffered simultaneous market shocks
There is scope to strengthen enforcement activities
European regulators are concerned the practice may harm retail investors
European securities regulators have given their blessing to a couple of the TMX Group’s clearing businesses to operate as central clearing counterparties in the region
Issuers called on to disclose financial performance in ways that are transparent and useful to investors.