Global Correspondence

GFMA Submits Comments to EBA, EIOPA, and ESMA Regarding the Consultation Paper on Risk Management Procedures for Non-Centrally Cleared OTC Derivatives

The Global Foreign Exchange Division (GFXD) of GFMA provides comments to European Banking Authority (EBA), European Insurance and Occupational Pensions Authority (EIOPA), European Securities Markets Authority (ESMA) on the Consultation Paper on draft regulatory technical standards on risk-mitigation techniques for OTC-derivative contracts not cleared by a CCP under Article 11(14) or Regulation (EU) No 648/2012 published by the EBA, EIOPA and ESMA (Authorities).

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