Search
 

EU Likely to Reduce Swap Rules' Strictness

European Commission calls for 'more cautious approach' to securities regulations.

By Silla Brush and Julia Verlaine, Bloomberg | Updated on March 18, 2016

European Union banks and asset managers are set to win looser rules on buying and selling bonds and derivatives, after the bloc’s executive branch called for a rewrite of restrictions on securities.

The European Commission pushed back against proposed European Securities and Markets Authority (ESMA) regulations that demanded increased transparency in non-equity markets, saying a “more cautious approach” was needed for securities that are hard to trade, according to a letter from the commission to ESMA that was obtained by Bloomberg News. ESMA, which is in charge of writing the standards, said it was considering how to respond.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

 

Recommended Stories

Mixed Picture for the U.S. Economy in Q3

Mixed Picture for the U.S. Economy in Q3

Reade Pickert |

Consumer spending and business investment are proving resilient, but the biggest contributor to GDP is the volatile net exports category.

China Eases Covid Restrictions

Bloomberg News |

As the number of infections dropped significantly over the weekend, officials made plans to reduce some Covid Zero protections.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2022 ALM Global, LLC. All Rights Reserved.