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ISDA and FIA note concerns in ESMA’s MiFID II technical standards proposals

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Published on: 05 August 2021

Published by LNB News

LNB News 05/08/2021

Document Information

Issue Date: 05 August 2021

Published Date: 05 August 2021

Jurisdiction(s): United Kingdom

Article summary

The International Swaps and Derivatives Association (ISDA) and the Futures Industry Association (FIA) have submitted a joint response to the European Securities and Markets Authority’s (ESMA) consultation on draft technical standards that it is required to develop as a result of changes made to the commodity derivatives framework in Directive 2014/65/EU (MiFID II) by Directive (EU) 2021/338 as part of the Capital Markets Recovery Package. ISDA and FIA members believe the proposals will improve the position limits regime, although there are some areas of concern.

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