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The Commission has published an FAQ document for the Regulation on OTC Derivatives, CCPs and Trade Repositories (EMIR), which came into force on 16 August
At G20’s Mexico City summit, its Central Bank Governors and Ministers of Finance endorsed all FSB’s initiatives and has committed to action necessary to achieve reforms, especially in OTC derivatives, by the end of 2012
Trade associations from the EU and the US, including the BBA, FOA, AFME, ICMA and ISDA have produced a joint report calling regulators to establish a framework that addresses concerns over extraterritoriality and protectionism in financial services regulation
ISDA and other industry associations have written to Timothy Geithner and Michel Barnier expressing their concerns about regulatory reform initiatives that may result in fragmented transatlantic capital markets
