Sector Regulation Sector Regulation

Delay to green financial benchmark rules saw ESMA exceed its powers, EU Commission says

By Jack Schickler
  • 29 May 2020 09:54
  • 29 May 2020 10:41
Delays to EU rules on green financial benchmarks aren't justified and have no legal basis, the European Commission told the bloc’s securities and markets watchdog, according to minutes published today. 

The minutes show that the European Securities and Markets Authority, or ESMA, granted a last-minute reprieve for administrators who complained that regulations weren't

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