ESMA writes to the European Commission supporting a delay of mandatory buy-ins and asking for urgent clarification

 

23 September 2021 Anneli Tuominen, interim Chair of ESMA, has written an open letter to Commissioner McGuiness, copying representatives from the European Parliament and Council, supporting a postponement of the mandatory buy-in regime and requesting urgent action to provide a signal that a modification of the current implementation timeline is considered. The letter asks for clarification of a delay, ideally, by the end of October 2021.
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