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ESMA Consults on the Extra-Territorial Application of EMIR



by Cadwalader Wickersham Taft LLP - New York Office

August 16, 2013

Previously published on August 12, 2013

On 17 July 2013, the European Securities and Markets Authority (“ESMA”) published a consultation paper (the “Consultation Paper”) on draft regulatory technical standards (“RTS”) aimed at implementing certain provisions of the European Markets Infrastructure Regulation (“EMIR”) relating to (a) the extraterritorial application of EMIR, and (b) preventing the evasion of EMIR’s provisions.


 

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