Futures data will be useless to regulators without reporting delay, Esma warns
Esma responds to EC's 'intended rejection' of one-year postponement
Regulators will end up with useless data if Europe's new reporting regime starts on schedule in February, the European Securities and Markets Authority (Esma) has warned in a letter to the European Commission (EC) - the latest instalment in a wrangle between the two bodies over the timeline for the new rules. An earlier request from Esma for a year's delay was rejected by the EC.
In a letter dated November 14 and published on Esma's website, the regulator's chairman, Steven Maijoor, tells the EC
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