Maijoor defends late LEI relief amid industry frustration

Esma chairman says early Mifid relief would have removed incentives to register LEIs

Steven Maijoor Esma
Steven Maijoor, Esma: “The relief was right on time and at the right moment”

Steven Maijoor, chairman of the European Securities and Markets Authority (Esma), has defended the timing of a last-minute temporary relief granted to European Union market participants. The relief focused on the requirement to trade only with counterparties that have a unique legal entity identifier (LEI) under rules that entered into force on January 3.

“The relief was right on time and at the right moment… We had the right balance giving the strongest possible incentive to have as many as

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here