Eligible US firms can clear their own and client accounts for CFTC-certified instruments.
They will provide a simplified operational process for calculating margins.
The report identifies potential areas that could benefit from more harmonisation.
Distinct clearing thresholds could be developed by ESMA.
Euro clearing may be forced to move from London after Brexit.
Regulators are analysing MiFID II data and will make changes.
CFTC and Bundesbank argued over the supervision of euro clearing.
Seven global and regional banks are clearing members at Asigna.
US regulators will not support a forced relocation of euro clearing.