Over-regulation will drive business overseas says Baltic Exchange

The Baltic Exchange has warned that too much regulation will damage the freight derivatives market and drive business away from Europe following a consultation paper published by the European Commission (EC.)

Responding to calls for greater transparency in derivatives markets, the Baltic Exchange said that more transparency would not necessarily bring more efficiency to the marketplace. "In the freight market, private unregulated companies often choose to keep business confidential and greater transparency [of this nature] would make alternative locations such as Switzerland and Singapore more attractive for market participants, driving business away from the EU," the Baltic Exchange said in a

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


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