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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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