Brussels, 11/07/2013 (Agence Europe) - On Thursday 11 July, EU Internal Market Commissioner Michel Barnier and United States Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler announced a path forward (roadmap) that will lead, through recognition of the equivalence of certain rules in force on either side of the Atlantic, to optimum regulatory convergence on derivatives markets.
The roadmap will enable banks to meet rules on swaps trading under the rules in force in either...