Esma calls for EC to overrule UK on forex reporting


The European Securities and Markets Authority (Esma) is calling for the European Commission (EC) to close a loophole in the continent's days-old derivatives reporting regime, by imposing on member states a single definition of what counts as a derivative. Risk reported on January 17 that the UK's definition excludes some foreign exchange contracts from the reporting rules contained in the European Market Infrastructure Regulation (Emir) - a stance that conflicts with EC guidance on the scope of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: