Energy traders hit back at French regulator over interview

Industry group blasts AMF stance on Mifid II ancillary business test

Trade group gives punchy response to comments on Mifid II

The leading trade association for European Union energy traders has released an unusually angry public response to an official from the Autorité des Marchés Financiers (AMF), France's financial regulator, over comments in which he dismissed industry concerns over the EU's new Markets in Financial Instruments Directive (Mifid II).

In a statement, the European Federation of Energy Traders (Efet) offered a rebuttal to views expessed by Vincent Derbali, a financial policy adviser for commodity deriv