ESMA: Working Group On Euro Risk-Free Rates - 17 June Meeting Minutes

Summary

1. Introductory remarks, approval of the agenda and obligations of the working group members under competition law

Mr James von Moltke (Chair) opened the call. He welcomed all the members of the Working Group (WG) to the second WG meeting of 2022 and the first hybrid meeting (with both in-person attendees and attendees connecting virtually) under his chairmanship.

Mr von Moltke invited Ms Iliana Lani (ESMA) to inform the WG members about some organisational aspects of the meeting. Ms Lani explained to WG members that ESMA, in its capacity as Secretariat, had decided that market infrastructure members1 should not attend the discussion taking place under agenda item 2. The affected market infrastructure members were previously bilaterally informed of such decision and no objections were raised. Ms Dominique Le Masson (BNP Paribas) informed the members of the WG that she will also recuse herself from the discussion taking place under agenda item 2.

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