The EU’s securities markets regulator is looking to update the European market infrastructure regulation (EMIR), but has extended the deadline because of the coronavirus.
The European Securities and Markets Authority (ESMA) was originally going to end the consultation period on the reforms on June 19, but has extended the deadline to July 3.
It made the decision on the back of the effects of the ongoing COVID-19 pandemic on stakeholders and market participants.
The consultation is on the technical standards on reporting, data quality, data access and registration of Trade Repositories under EMIR REFIT.
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