Andrew Douglas
Andrew Douglas
clearing common communication completed compliant draft final looking march protocol published terms version within
We've just completed a draft recommendation for a common communication protocol for settlement and clearing in the EU. The final version will be published in March 2006, and we're looking for infrastructure to be compliant with the terms of that protocol within two years.
european markets quite
It is going to change, quite dramatically, the way European markets work.
awful causing change foreseen issues people period short
There is an awful lot of change being foreseen and implemented in a very short period of time, which is causing some issues for the people who have to make the changes.
act asia europe indication people seeing
People in the U.S. and Asia are seeing this as an indication that Europe is getting its act together.