Esma chair fears clashes with US regulations


The difference in the speed and content of regulatory legislation is bound to throw up challenges, Steven Maijoor, the chairman of the European Securities and Markets Authority (Esma) says, in an exclusive interview with Risk.

"Countries are coming at this from different legal systems and with different financial markets, so it would be hubris to say there may not be problems in terms of regulatory competition," Maijoor says. He adds, however, that regulators around the world are determined to

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