"DTCC welcomes today’s agreement on European Market Infrastructure Regulation (EMIR). This is a major milestone in Europe’s efforts to bring greater stability and risk mitigation to financial markets. We look forward to continuing to work collaboratively with policymakers and regulators as ESMA begins to write the detailed rules for implementing EMIR. A major issue in the months ahead will be addressing unresolved issues such as extraterritoriality and harmonisation of new regulations with and between the United States and Asia."
FTSE Mondo Visione Exchanges Index:
DTCC Statement On EMIR Agreement
Date 29/03/2012