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Brief
ESMA is committed to strengthening EU clearing and cooperation in a changing landscape. The implementation of EMIR 3 represents a transformative milestone, recalibrating supervisory culture and streamlining approaches. ESMA aims to deliver a comprehensive set of regulatory technical standards by the end of 2025, balancing robust supervision with practical simplification. ESMA continues to support global cooperation through regulatory forums, ensuring consistent standards and mutual recognition.
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