Ferber: MEPs unlikely to oppose frontloading fix
Solution to frontloading problem could be a maturity threshold that is high enough to exclude most swaps
The European Parliament is unlikely to protest if the European Securities and Markets Authority (Esma) tries to rein in the retrospective scope of Europe's clearing rules, according to Markus Ferber, a member of the European Parliament (MEP). Risk reported yesterday that Esma, key MEPs and the European Commission (EC) will try to settle the long-running issue – known as frontloading – at a meeting this week.
"Esma has signalled recently that it would like to circumvent the issue of frontloading
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