ESMA’s Maijoor rejects creation of 'another ESMA'

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By Ross Lancaster
24 Apr 2018

ESMA chair Steven Maijoor spoke out against proposed clearing house legislation that would create a new body within the regulator, as part of remarks to the Goethe University’s institute for law and finance in Frankfurt on Monday.

In a speech on clearing house (CCP) resilience, resolution and recovery at the institute’s conference, European Securities and Markets Authority (ESMA) chair Maijoor addressed proposals on CCP resolution that are passing through the Council of the European Union.

While supporting many proposed revisions to the European Market ...

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