ESAs reject proposed amendments from the European Commission to technical standards on non-centrally cleared OTC derivatives
SEPTEMBER 12, 2016
The three European Supervisory Authorities (EBA, EIOPA, ESMA - ESAs), published today their Opinion addressed to the European Commission expressing disagreement with its proposed amendments to the final draft Regulatory Technical Standards (RTS) on risk mitigation techniques for OTC derivatives not cleared by a central counterparty, which were originally submitted for endorsement on 8 March 2016.
Click here to access the full press release.