The AMF’s response to the European Commission consultation on the review of the central clearing framework in the EU

This position paper outlines the AMF's response to the European Commission's targeted consultation on the review of the central clearing framework in the EU. In the context of EU markets players’ over reliance on systemic UK central counterparties (CCP), the AMF sets out its recommendations for improving the competitiveness and attractiveness of EU CCPs and reducing the exposure of EU market participants to systemic UK CCPs.