Interview: Esma's Steven Maijoor

Esma: on parliamentary pushback and extraterritoriality

steven-maijoor-esma

The European Securities and Markets Authority (Esma) crossed swords with the European Parliament at the start of this year, after legislators accused the supervisor of overstepping its mandate when drawing up regulatory technical standards for the clearing of over-the-counter derivatives.

The European Parliament’s influential Economic and Monetary Affairs Committee (Econ) voted on February 4 to reject two regulatory technical standards for the European Markets Infrastructure Regulation (Emir),

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