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EU grants market access for U.S. securities clearing houses
LONDON, Jan 27 (Reuters) - Clearing houses for securities in
the United States will be allowed to serve investors in the
European Union, the bloc's executive European Commission said on
Wednesday.
"This decision is a significant first step in the process of
recognising U.S. central counterparties registered with the U.S.
Securities and Exchange Commission in the European Union," the
EU's financial services chief Mairead McGuinness said in a
statement.
(Reporting by Huw Jones)
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