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ESMA consults on non-EU counterparties OTC derivatives

17 July 2013

The European Securities and Markets Authority (ESMA) has launched a consultation on draft regulatory technical standards (RTS) aimed at implementing the provisions of the European Markets Infrastructure Regulation (EMIR) related to OTC derivative transactions by non-European Union (EU) counterparties in certain cases, and aimed at preventing attempts by non-EU counterparties to evade EMIR’s provisions.

The whole press release is available on ESMA's website:

http://www.esma.europa.eu/news/ESMA-consults-non-EU-counterparties-OTC-derivatives?t=326&o=home

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