Wall Street's Dependence on London Clearing Worries EU Watchdog

Contributing sentiments towards policy:

55% :EU Urged to Extend Access for London Clearing Houses, FT Reports
44% : EU sees risk if every bank shifts at once, ESMA's Lober saysBloc wants more trades to be cleared inside its bordersWall Street banks have made "no significant moves" away from London's dominant clearing service since Brexit, raising concerns of a risky dash into the European Union as it continues to push for more of the business to move into the bloc.

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