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October 25, 2011

ECB caught in Dodd Frank net

Risk reports that the ECB wants exemption from pretty much all of Dodd Frank, in particular the obligations on clearing and reporting – they don’t feel they are a risk in the same way any other financial institution is.

Full story here: http://www.risk.net/risk-magazine/news/2119806/ecb-threatens-stop-trading-swaps-counterparties


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