Source: SolveXia
Earlier this year, the European Securities and Markets Authority (ESMA) unveiled the final reporting validations for EMIR REFIT, targeting European-based firms.
Deloitte explains that the primary objective of this refit is to further streamline and standardize reporting under EMIR. This not only aligns with EMIR’s core mission of systemic risk monitoring but also aims to reduce costs for market participants and trade repositories.
EMIR REFIT’s rules are set to become effective on April 29, 2024, in Europe and on September 30, 2024, in the UK. So, how will these changes impact each market individually?…
Read full article: https://www.solvexia.com/blog/uk-emir-refit#:~:text=EMIR%20Refit%20introduces%20substantial%20modifications,risk%20in%20the%20derivatives%20market.
