The US Volcker Rule is too broad, excessively complex, and uniquely prescriptive, according to the Securities Industry and Financial Markets Association
As part of the consultation, ESMA proposed giving further counsel to CCP鈥檚 management to 鈥渆nsure common, uniform and consistent application鈥� of EMIR guidelines
SEBI also stated that a 鈥渧ibrant mechanism鈥� for securities lending and borrowing is essential to avoid a short squeeze in the India鈥檚 financial markets