European Commission Extends Deadline For ESMA’s Equivalence Work Under EMIR

The European Commission today, in a letter sent to ESMA, extended the deadlines for ESMA’s advice on the equivalence of third-countries under EMIR. The new deadlines for ESMA’s advice on the US and Japanese regimes are now due on 1 September 2013, for other third-countries on 1 October 2013. The original deadline was 15 June 2013 for ESMA.

The Commission letter is available here.