CESR – CFTC Communiqué to facilitate trans-Atlantic derivatives business

31 March 2005

The Committee of European Securities Regulators (CESR) and the U. S. Commodity Futures Trading Commission (CFTC) published a Communiqué requesting comment on a proposed work programme to facilitate the conduct and supervision of a transatlantic derivatives business.

Under the terms set forth in the proposed work programme, a task force drawn from CESR and the CFTC would be established to review issues relating to enhanced transparency and clarity of regulatory developments, simplified access or recognition procedures, and targeted consultation on crossborder issues.

Deadline for comments is 15 May 2005.

Press release
CESR-CFTC Communiqué

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