The European Union's (EU) plans to get banks and other users of credit default swaps to get on board a centralized clearing house have failed.

However, market reports indicate that the EU's next move could see regulators introducing rules that force users of CDS to use the central clearing house to make the markets less risky for buyers.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.