European Commissions Responds to ESAs’ Concerns About Delay in Adoption of Draft RTS On Risk Mitigation Techniques for Non-centrally Cleared OTC Derivatives

European Commissions Responds to ESAs’ Concerns About Delay in Adoption of Draft RTS On Risk Mitigation Techniques for Non-centrally Cleared OTC Derivatives

The Joint Committee of the European Supervisory Authorities (ESAs) has published a letter dated 18 July 2016 from the European Commission responding to concerns they have raised about the delayed adoption of draft regulatory technical standards (RTS) on risk mitigation techniques for non-centrally cleared over-the-counter (OTC) derivatives under the European Market Infrastructure Regulation.

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