Romania bans OTC emissions trading to combat fraud

The National Securities Commission (CNVM), Romania's securities regulator announced that foreign traders of EUAs will now need to comply with the provisions of the Romanian capital market legislation and will therefore need to join an exchange.

The Sibiu Monetary Financial and Commodities Exchange, Romania's only market on which greenhouse gases emissions certificates can be traded, confirmed that the legal provisions are in place.

A poll of several market traders who want to remain anonymous

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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: