Clearing and trading obligation issues – and a Brexit related announcement from ESMA

Last week ESMA issued this statement relating to the upcoming expiry of the temporary carve out provided to certain entities, including those designed as “NFC+” under EMIR, from the clearing obligation under EMIR and resulting trading obligation under MiFID II. Companies in the energy and commodities sector are largely “Non Financial Counterparties” and some are … Continue reading → Source: Energy Trading Regulation – Clearing and trading obligation issues – and a Brexit related announcement from ESMA

Continue reading Clearing and trading obligation issues – and a Brexit related announcement from ESMA. This article appeared first on CTRM Center.

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