LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
The European Securities and Markets Authority (ESMA) has entered into a Memorandum of Understanding (MOU) with Hong Kong’s national financial regulatory authority, the Securities and Futures Commission with regard to the regulation of cross-border OTC derivatives transactions that are conducted via central counterparties (CCP).
In order to work toward a standardized regulatory structure for the oversight of transactions with regulators among the G20 nations, efforts to form such a framework is continuing within the pan-European financial authority in the advent of the full implementation of MiFID II.
To read the full MOU, click here.