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Author: Risk magazine staff

Source: Risk magazine | 01 Aug 2009

Categories: Derivatives

Topics: Middle East, Documentation, Sharia

Participants in the Islamic derivatives market have long been waiting for some form of standardised document, similar to the International Swaps and Derivatives...

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Esma is required to write much of the technical standards for Emir by June 30 – but the regulation has only just been finalised, and the authority had just 75 full-time staff at the end of 2011 (www.risk.net/2142483). Will it meet the deadline? Should Esma be given more resources?

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