Anti-Financial Crime & Financial Crime Compliance
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EU, Regulatory

NEWS: ESMA needs more power and resources to act independently, outgoing chair says

PHOTO: Verena Ross, ESMA Chair

By CARLO BOFFA, EU Correspondent The EU’s market regulator should have enough oversight powers and resources to act independently from national authorities, its outgoing chief said. EU countries are clashing over a proposal to make the European Securities and Markets Authority (ESMA) the bloc’s main financial supervisor, akin to the US Securities and Exchange Commission,…

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