Ferber: MEPs unlikely to oppose frontloading fix

Legislators will try to settle long-running issue in talks on Thursday

Markus Ferber
Markus Ferber, MEP

The European Parliament is unlikely to protest if the European Securities and Markets Authority (Esma) tries to rein in the retrospective scope of Europe's clearing rules, according to Markus Ferber, a member of the European Parliament (MEP). Risk reported yesterday that Esma, key MEPs and the European Commission (EC) will try to settle the long-running issue – known as frontloading – at a meeting this week.

"Esma has signalled recently that it would like to circumvent the issue of frontloading,

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