" The primary objective of the MNB shall be to achieve and maintain price stability. Without prejudice to its primary objective, the MNB shall support the maintenance of the stability of the financial intermediary system, the enhancement of its resilience, its sustainable contribution to economic growth; furthermore, the MNB shall support the economic policy of the government using the instruments at its disposal. "
ESMA begins detailing central clearing of OTC derivatives
12 July 2013
The European Securities and Markets Authority (ESMA) has launched a Discussion
Paper to prepare the regulatory technical standards (RTS) which will implement
provisions of the European Markets Infrastructure Regulation (EMIR) regarding
the obligation to centrally clear OTC derivatives.
The whole press release is available on ESMA's website: