Maijoor prioritises fallbacks in euro transition

Euro fire FA 230
By GlobalCapital
26 Sep 2019

Steven Maijoor, chair of the European Securities and Markets Authority, has pointed to challenges on the path to reform of euro risk free rates, and highlighted fallbacks as his organisation’s most important next hurdle.

Speaking at a European Central Bank roundtable on euro risk free rates in Frankfurt on Wednesday, Maijoor said major challenges remained, which he warned should not be underestimated.

While acknowledging that the implementation of the fallback provisions had been slow to date, Maijoor said ESMA’s principal aim was ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.