Home / Market Update / EU to delay UK Access Decision for Euro Clearing Due to Internal Markets Bill

EU to delay UK Access Decision for Euro Clearing Due to Internal Markets Bill

The European Union is planning to delay the decision on allowing the UK to continue clearing euro transactions for EU-based clients due to concerns over the UK’s intention to break the Withdrawal Agreement with the Internal Markets Bill, Reuters reported on Monday, citing a derivatives industry source.

The EU is expected to make the decision on clearing toward the end of September, the source further told Reuters.

Check Also

Gold Prices Steady Amid Weaker Dollar; Trump Criticizes Fed Chair Powell as Israel-Iran Ceasefire Holds

Gold prices found some support in Asian trade on Thursday, as a weaker dollar helped …