Echo To Present Its Case To Regulators This Week

REGULATIONS

The European Clearing House Organization (Echo) will present its case to technical experts from 19 central banks and a host of staffers from the Bank for International Settlements (BIS) at the end of the week, central bank officials confirm. The meeting, which will take place in London October 9, is being referred to as "an exchange of information," by one central bank official.

The meeting will allow Echo CEO Graham Duncan and other members of the steering committee to answer questions about the

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