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International Restructuring Newswire
Welcome to the Q3 2025 edition of the Norton Rose Fulbright International Restructuring Newswire.
ESMA issues statement on deprioritising supervisory actions on clearing for pension schemes while EMIR changes finalised
United Kingdom | Publication | April 2024
The European Securities and Markets Authority has published a statement on deprioritising supervisory actions linked to pension schemes’ clearing obligations pending the finalisation of the EMIR review.
The Council of the EU and the European Parliament reached a provisional agreement on February 7, 2024. ESMA expects supervisory actions not to be prioritised in relation to the clearing obligation for derivative transactions conducted with third-country pension scheme arrangements.
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