ECB mulls wider clearing house access to account facilities
Including CCPs in the Eurosystem may remove the need for them to seek a banking licence
The European Central Bank (ECB) is considering whether to provide eurozone clearing houses with access to its account facilities without a banking licence, according to Fiona van Echelpoel, deputy director-general for general market infrastructure and payments.
“We are looking into this issue at the Eurosystem level, focusing on euro area CCPs currently,” she says, in an interview with [Central Banking’s sister title] Risk.net on the sidelines of the Frankfurt 2020 conference, organised by
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