A letter from the FMLC—in conjunction with the Committee on Capital Markets Regulation (“CCMR”)—to the European Securities and Markets Authority (“ESMA”), following a review of Article 26 of RTS No 153/2013 with Respect to Client Accounts. The letter encloses the FMLC/CCMR joint paper entitled Resolving Issues of Legal Uncertainty Relating to the Recognition and Supervision of Central Counterparties.
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