LONDON, July 9 (Reuters) - The London Stock Exchange
and other derivatives clearing houses in Britain will be granted
temporary access to investors in the European Union from
January, the bloc's executive European Commission said on
Thursday.
Britain left the EU in January and continues to have full
access until the end of December, with future access in
financial services dependent on whether the bloc finds that UK
rules are "equivalent" to its own.
"The European Commission intends to adopt a time-limited
equivalence decision for the United Kingdom for central clearing
counterparties of derivatives," the EU executive said in a
statement.
"This decision is being taken to address the possible risks
to financial stability related to the specific area of
derivatives clearing."
(Reporting by Huw Jones; editing by Marc Jones)