Germany Will Negotiate Post-Brexit Equivalence When the Time Comes

The transcript discusses the cautious approach needed in clearing and equivalence of EU-denominated swaps. It highlights that the assessment of equivalence is premature, as the European Commission has granted an 18-month equivalence period. The process involves comparing legal and structural conditions in different markets. The speaker advises investors to wait and see, as it's too early to question the current rules.

What is the main concern regarding the clearing of denominated swaps in the EU?

Why is it considered too early to make an assessment on equivalence?

What did the former Commission President Jose Manuel Barroso say about the chances of achieving equivalence?

What is the suggested approach to investors regarding the current situation?

What implications does extending a rule for 18 months have on making commitments?