EUROPEAN UNION: ESMA Publishes Responses Received to Second Consultation Paper on Clearing Obligation

Wednesday September 24 2014

The European Securities and Markets Authority has published the responses received to the second consultation paper on clearing obligations.

Following the first consultation paper on the IRS classes to be subject to central clearing, in the second paper, ESMA defines the CDS classes to be subject to the clearing obligation based on the analysis of all CDS classes which are currently offered for clearing by European CCPs.

Click here to view responses.

Click link above for further details.