EU derivatives experts suggest threshold system for corporates
At the third meeting of the derivatives and market infrastructures member states working group in Brussels today, EC officials are due to discuss a number of policy options with representatives of the 27 European Union member states.
Despite vociferous lobbying from corporates and industry associations over the past six months, the EC has declared it is against a complete exemption for the non-financial sector.
"The Commission services believe this option has significant downsides," the EC said
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