Futures data will be useless to regulators without reporting delay, Esma warns

steven-maijoor-esma
Steven Maijoor, Esma

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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