So no C&S Directive, but an ECB run settlement system?

Karel Lannoo

ECMI Papers from Centre for European Policy Studies

Abstract: In this regulatory commentary ECMI's Chiel Officer Karel Lannoo comments on the Commission’s decision to solely impose a code of conduct for the Clearing and Settlement Industry as well as on the ECB’s proposal to centralize European settlement systems. Lannoo argues that the current situation still leaves 2 issues unsolved, i.e. the minimum prudential rules for and the freedom to provide services by C&S organisations.

Pages: 2 pages
Date: 2006-08
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Persistent link: https://EconPapers.repec.org/RePEc:eps:ecmiwp:1277

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