Major changes in fiscal and monetary policy following the financial crisis created a nationalistic political environment. This change in political sentiment has more recently started a second wave of reform with regional independence and national interest taking centre stage.
This is now challenging the global status quo with significant implications in capital markets, specifically in the cleared infrastructure underpinning them. How the future plays out in central clearing will be crucial in anticipating the ways their businesses are impacted.
This white paper analyses the implications for 3 different Brexit scenarios for central counterparties (CCPs, or clearing houses), clearing brokers and end users. Download the paper to ensure your organisation can be fully prepared for a "hard", "medium" or "soft" Brexit.