Futures reporting delay 'will not take place', says EC's Pearson
Industry had been banking on one-year postponement - Esma now looking for solution to reporting impasse, according to senior EC official
A one-year delay to Europe's new reporting rules for exchange-traded derivatives will not happen, according to a senior official at the European Commission (EC). The postponement to the January 2014 start date was requested by the European Securities and Markets Authority (Esma) on August 6, on the grounds that it was proving difficult to apply Esma's existing rules to the listed market.
"The decision has been taken that the deferral Esma suggested will not take place. Esma is now engaged – and
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