EU commodity derivatives regulation: 2016 and beyond

Market participants await key deadlines and decisions in the year ahead

Old-style desk calendar

Regulation of commodity derivatives trading will remain a top concern for European Union energy firms in 2016 following a host of contentious rulings and proposals that emerged towards the end of last year. Particularly controversial for nonfinancial companies is the second Markets in Financial Instruments Directive (Mifid II). The Paris-based European Securities and Markets Authority (Esma) released final draft regulatory technical standards (RTS) for Mifid II in September that proved hotly con