4 banks to move home regulators for extension of ESMA deadline
Fri, Apr 19, 2024 9:27 PM

4 banks to move home regulators for extension of ESMA deadline

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Deutsche Bank, BNP Paribas, Credit Agricole and Societe Generale are likely to make requests to German and French financial authorities to grant an extension of an October 2024 deadline by at least six months to transact with the Clearing Corporation of India. BNP Paribas declined to comment on the matter, while ET's queries emailed to the other three banks did not elicit a response by press time.

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