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Lawyers say Esma’s incoming pre-hedging guidance could make firms liable for multimillion-euro fines

United kingdomDavid cappsHogan lovellsSimmons simmon ainleyRoger coganAlex ainleyMichael thomasHogan lovell thomasDaniel blackburnUnited kingdom financial conduct authorityDerivatives associationGlobal foreign exchange committeeAssociation of financial markets in europeInternational swapsFutures industry association european principal traderEuropean securities