Central Banking

Esma under pressure on Emir implementation

european-commission

The lack of clear implementation timelines and the asset classes covered by new central counterparty (CCP) clearing for the European Market Infrastructure Regulation (Emir) remains a major concern for market participants, following a public hearing last week on draft technical standards published in February.

The hearing was hosted in Paris on March 6 by the European Securities and Markets Authority (Esma), which is responsible for drafting and implementing technical standards under Emir. As

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