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The European Commission wants to streamline derivative operations to ease the compliance burdens on smaller financial services firms, corporates and pension funds.
The European Commission’s recently proposed changes to the European Market Infrastructure Regulation (EMIR) not only makes the legislation “simpler and more proportionate,” but also aims to lift some of the compliance burden on smaller financial services firms, corporates and pension funds. The amendments cover a broad range including streamlined reporting obligations, improvements to the quality...
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