European Multilateral Clearing Facility (EMCF) takes note of the joint Regulatory Position on Interoperability issued to market participants earlier today by financial regulators from the UK, Switzerland and the Netherlands.
EMCF is happy that there is now clarity about the direction regulators are going with regard to interoperability. EMCF is busy studying the document, speaking to clearing participants, trading venues, regulators and other CCPs and will have a fuller statement next week after the conclusion of these meetings.