4/30/2014

Steven Maijoor, chairman of the European Securities and Markets Authority, said the agency is planning to publish rules governing front-loading soon but declined to elaborate on the rules. "It has not been an easy process as it is a complex issue. The level one text of the European Market Infrastructure Regulation (Emir) requires front-loading, but we understand this causes uncertainty for market participants," Maijoor said.

Related Summaries