MAS grants temporary relief for energy market brokers over Ice energy futures

monetary-authority-singapore

The Monetary Authority of Singapore has confirmed that it has been awarding temporary exemptions from futures broking requirements for interdealer brokers caught by the IntercontinentalExchange’s transition of energy swaps contracts to listed futures.

After it was reported at the end of October that Ice had written to the regulatory authority asking that it grant brokers a temporary exemption from registering as futures brokers, MAS stated that it would discuss the situation with the interdealer

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