EU rules risk extra costs and requirements on non-EU countries - Massad
Timothy Massad, chair
of the Commodity Futures Trading Commission (CFTC), warned on
Tuesday the proposed European benchmark regulations could
damage benchmark administration
Speaking at the World
Federation of Exchanges annual meeting in Qatar, Massad, told
delegates the approach being taken by European regulators to
benchmark integrity risked imposing additional costs and
requirements on non-EU countries, making it difficult to
introduce new benchmarks.
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