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ESAs tackle delay in transparency requirements

The joint European Supervisory Authorities (ESAs) - which consist of the EBA, ESMA and the European Insurance and Occupational Pensions Authority - have published a letter reiterating market concerns over ESMA’s disclosure requirements (SCI 5 October) and Article 14 (SCI 9 July) of the CRR. The authorities have also called on EU national regulators to apply a “proportionate and risk-based” regulatory approach when the Securitisation Regulation comes into force next year (SCI

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