Deutsche Boerse this week reshuffled its Eurex and data management teams
The impending European Market
Infrastructure Regulation (Emir) is set to cause "significant
new challenges" for clients, Deutsche Boerse’s
head of clients, products and core markets has warned.
"With mandatory OTC clearing starting in
June and new collateral requirements for non-centrally cleared
transactions in September, our clients face significant new
challenges," said Jeffrey Tessler.
The comments came after the Joint
Committee of the European Supervisory Authorities, made up of
the European Banking Authority, The European Securities and
Markets Authority (Esma), the European Insurance and
Occupational Pensions Authority on Wednesday published the final draft of the Regulatory
Technical Standards (RTS), outlining the framework of the
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