French NFCs uncertain about EMIR requirements, AMF says

By Hazel Sheffield
05 Jun 2014

Non-financial counterparties in France are struggling to determine their obligations under the European Markets Infrastructure Regulation, according to French regulator L’Autorité des marchés financiers.

Christophe Bonnet, director of markets at AMF in Paris, told GlobalCapital that the AMF is helping educate non-financial counterparties about their obligations because many are not prepared. "Honestly, some non-financial counterparties had not figured out they would be caught by EMIR this way.” Bonnet said. “Some of them ...

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