Federal Trust's Donnelly & Graham Bishop: video: Is Brexit dimming the lights of thr City of London?
25 November 2021
In his latest Federal Trust video, Graham Bishop argues that the current controversy over central counterparties (CCPs) is symbolic of the difficulties facing the City after Brexit.
The City will not lose its dominant position in this sector overnight, but the EU sees building up its own CCPs as strategic necessity. Over the years, the EU will look to make CCPs from the EU first competitive with and then eventually more attractive than their City equivalents.
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