KM Financial Solutions | UPDATE 1-EU rejects U.S. “blackmail” to dilute derivatives clearing rules
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UPDATE 1-EU rejects U.S. “blackmail” to dilute derivatives clearing rules

UPDATE 1-EU rejects U.S. “blackmail” to dilute derivatives clearing rules

The European Union rejected U.S.
calls to water down new derivatives clearing rules on Thursday,
saying EU lawmakers would not be “blackmailed” and it had every
right to supervise foreign financial firms in the same way as
U.S. regulators.

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