EU energy firms kept waiting by stand-off over Mifid II rule

Progress on ancillary exemption halted by ‘political’ dispute between EC and Esma

Stag standoff
Locking horns: two EU bodies in impasse over Mifid II exemption criteria

European Union energy companies say they are frustrated at still not knowing whether they will need to comply with the new Markets in Financial Instruments Directive (Mifid II) when it takes effect in January 2018, amid a spat between two EU bodies over a crucial exemption for firms that trade commodity derivatives.

For most EU energy companies, remaining outside Mifid II and avoiding its onerous requirements, previously targeted at banks, is a high priority. To stay out of the scope of Mifid II

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here