ESMA issues Statement to address upcoming EMIR refit Implementation issues
January 31st 2019
The European Securities and Markets Authority (ESMA) has published today a statement addressing EMIR Refit implementation. The public statement addresses issues around the clearing and trading obligations for small financial counterparties and the backloading requirement for reporting entities, ahead of upcoming deadlines, which would represent challenges for the above mention entities in the context of the ongoing EMIR Refit negotiations.
Further details can be found in the full press release here.