Industrials to be granted OTC derivative exemptions
While the EC considers exempting non-financial energy users from clearing obligations, Katie Holliday speaks to industry experts about what impacts they think this move may have
A European Commission discussion paper published on April 12 has signified a potential victory for industrials campaigning against regulatory proposals to impose stricter regulations on over-the-counter (OTC) derivatives trades.
The paper stated that, in principle, non-financial companies should be exempt from obligations to trade through clearing houses. End-user pressure groups, including
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