argomento: News del mese - Diritto Internazionale e Comunitario

Articoli Correlati: ESAs - regulatory technical standards - emergenza sanitaria Covid – 19

After the spread of the Covid-19 pandemic, the European Supervisory Authorities, namely EBA, EIOPA and ESMA, have increased their cooperation between themselves, between National Competent Authorities (NCAs) and with all important authorities from other jurisdictions; such relations shall be able to give a unified front and a coordinated response to the difficulties that have been vexing Europe since the Covid-19 outbreak. Specifically, the ESAs have drafted and issued as specific report on Regulatory Technical Standards (RTS) to amend the Delegated Regulation on the risk mitigation techniques for non-centrally cleared OTC derivatives (bilateral margining); this concerns the enforcement on EMIR, European Markets Infrastructure Regulation, with the aim to incorporate a one-year deferral of the two implementation phases of the bilateral margining requirements. On April 3^rd, 2020, then, the Basel Committee on Banking Supervision and the International Organisation of Securities Commission already agreed on the requested deferral.