Bank of England, ECB strike data sharing deal over central counterparties

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They have also agreed to extend their standing swap line to provide multi-currency support to central counterparties, it said in a statement. As a result, both parties had agreed to end any legal action related to the subject.

"These agreements not only strengthen financial stability across the EU, but also secure a very important principle of non-discrimination of countries outside the Eurozone, including Britain," finance minister George Osborne said in a separate statement. "This is vital to our relationship with the Eurozone, and is another step forward in terms of a reformed EU."

(Reporting by Andrew Osborn; Editing by Susan Thomas)

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