ESMA notes on MiFID II delay
ESMA have recently published this note, dated 2 October, which gives their thoughts on why parts, or all, of MiFID II should be delayed, and suggests legal mechanisms by which…
No extension to EMIR bank guarantee carve out for energy derivatives
ESMA announced yesterday that they will not extend the carve out which allows non collateralised bank guarantees to be used to cover cleared energy derivatives. The announcement can be found…