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Trade Associations Call for Deletion of Active Account Proposal

EFAMA, BFPI Ireland, EACB, FIA EPTA, Federation of the Dutch Pension Funds, Finance Denmark, Nordic Securities Association, AIMA, ICI Global, FIA and ISDA, which collectively represent major European end users of derivatives along with providers of clearing services, have published a joint statement on the European Commission’s (EC) proposed active account requirement under the European Market Infrastructure Regulation (EMIR 3.0).

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