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Author: Nick Sawyer

Source: Risk magazine | 02 Dec 2009

Categories: Technology

Topics: Surveys, Technology

Regulators are demanding a number of improvements from financial institutions in the wake of the crisis. Among them are improved enterprise risk management,...

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Weekly poll

Will Esma meet the deadline for Emir?

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?

	The June 30 deadline is not achievable under any circumstances
	The June 30 deadline is achievable, but only if Esma is given more resources
	The June 30 deadline is achievable with current resources

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