By Farah Khalique
Published: April 6 2011 Hedge Funds Review
Debate is raging in Brussels over whether the European Securities and Markets Authority (ESMA) has the legal authority to determine the eligibility for mandatory clearing of different classes of over-the-counter (OTC) derivatives, including foreign exchange.
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By Maryam Omidi
Published: January 19 2011 Financial News
Europe’s newest market watchdog has used its first report to warn that the region’s national regulators will struggle to prevent a repeat of the financial crisis because of a lack of legislative convergence.
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