Panel bemoans impact of EU regulation on energy market
Liquidity is down and costs are up, compliance experts complain
Shrinking liquidity in energy markets and higher trading costs are two of the most worrying effects of the European financial rules being applied to energy trading firms, according to panellists at Energy Risk Summit Europe in London on October 1.
Among the chief culprits fingered by the panel were the European Market Infrastructure Regulation (Emir), which enforces tighter controls on over-the-counter derivatives, and Mifid II – a package of updated rules on financial instruments that is
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