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Esma proposes ETF sec lending rules
02 February 2012
The European and Securities Markets Authority has published a consultation paper on the draft guidelines
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Esma
ETF
securities lending
The European and Securities Markets Authority (Esma) has proposed to strengthen the regulatory framework covering exchange traded funds (ETFs) and to extend this to other types of UCITS.
Esma published a consultation paper on Monday to introduce requirements for ETF securities lending and collateral management as well as UCITS ETFs and index tracking UCITS.
Esma chair Steven Maijoor said the draft rules are to improve investor...
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