Political Quotes

Michel Barnier: If the CFTC also gives effective equivalence to third-country clearinghouses, deferring to strong and rigorous rules and…

On the recordJuly 22, 2014
If the CFTC also gives effective equivalence to third-country clearinghouses, deferring to strong and rigorous rules and jurisdiction such as the EU, we will be able to adopt equivalence decisions very soon. In other words, we will treat you as you treat us.
Said by
Michel Barnier
Rally for the Republic

Editor's note · Context

Barnier emphasizes the importance of regulatory equivalence between the EU and CFTC.

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