Bundesbanker 'ill at ease' over post-Brexit euro clearing rules

Proposed tougher European rules for foreign clearing houses may still leave EU regulators short of the power they need to protect Europe's financial sector after Britain leaves the bloc, a board member of Germany's central bank warned."If push comes to shove, we would rely on an entity outside the euro zone to preserve a key part of the European financial market's ability to function," Joachim Wuermeling, a member of the board of the Bundesbank, told Reuters in an interview.A European Parliament