Community
The European Commission has adopted regulatory technical standards (RTS) on contracts that have a direct, substantial and foreseeable effect of contracts within the EU to prevent the evasion of rules and obligations in connection with the European Markets Infrastructure Regulation (EMIR). The RTS, as prepared by the European Securities and Markets Authority, which set out:
· how such contracts will be considered to have a direct, substantial and foreseeable effect within the Union; and
· cases where it is necessary or appropriate to prevent the evasion of the rules;
were endorsed by the Commission without amendments.
Related link:
http://ec.europa.eu/internal_market/financial-markets/derivatives/index_en.htm
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Ritesh Jain Founder at Infynit / Former COO HSBC
08 January
Steve Haley Director of Market Development and Partnerships at Mojaloop Foundation
07 January
Nkahiseng Ralepeli VP of Product: Digital Assets at Absa Bank, CIB.
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
06 January
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