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REGULATION UPDATE REGULATION UPDATE REGULATION UPDATE
June 16th: 10 co-operating states agreed to continue pursuing the Financial Transaction Tax. June 13th: ESMA authorises the first US third party CCP under EMIR; Chicago Mercantile Exchange. June 7th: European Parliament votes in favour of the proposed year-long delay to MiFID II’s transposition and entry into force at plenary. Adoption of the amended regulation by the Council of the EU and publication of the updated Level 1 text in the Official Journal of the European Union remain.

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