On Monday 10 October, the first exchange of views of the committee on economic and monetary affairs (ECON) of the Parliament on the Commission's legislative proposal on reinforcing the supervision of central counterparties (CCP) located outside the EU, giving a central role to the European Securities and Markets authority (ESMA), got off to a positive start (see EUROPE 11807).
“I hope that the Commission won't be shocked to hear so much praise from the European Parliament at the start of a...