Mifid
Mifid II update: potential position limits and narrowed exemptions likely for commodity traders
Last month’s updates to the Markets in Financial Instruments Directive (Mifid II) and the Markets in Financial Instruments Regulation (Mifir), the regulations implementing Mifid II, could have a significant impact on energy trading companies, say experts
Energy Risk Europe: energy trading firms' technology not ready for new rules
Many energy trading firms have yet to begin getting the technological infrastructure in place to comply with new EU and US financial market regulations, say panellists
Energy Risk Europe: regulators need to differentiate between banks and non-banks
Regulators should be wary about applying financial market regulation to all end-users, warn panellists
More obligations for energy firms under EU's MAD revisions
With the scope of the Market Abuse Directive set to widen to cover OTC commodities, energy companies could be subject to far greater disclosure obligations, finds Jay Maroo
EC’s Capital Requirements Directive deemed “detrimental” to energy trading
The revised proposal for the Capital Requirements Directive (CRD) presented by the European Commission (EC) on July 20 has sparked serious concerns among energy companies, traders and exchanges
Position limits will feed risk into real economy, say energy companies
Energy market participants have expressed doubt that European position limits proposals will achieve reductions in market volatility, and warned of unintended consequences for end-users' risk management
BarCap advises carbon market to use UK registries
Barclays Capital advises clients to stick to the UK in light of recent EUA thefts across European registries
EU to examine commodity derivatives/physical market link
Following sustained calls from EU members to curb commodity derivative markets, the EU will research the link between derivative and physical markets
EU financial rules consultation raises industry concerns
The European Commission has recently distributed its industry consultation on the expected changes to Mifid’s legislation. Alex Davis asks if the energy sector should be alarmed
EU quells dual-reporting fears over energy market proposals
EC makes sure dual reporting will not be an issue in latest energy market regulation proposals
EU proposals leave energy firms cold
September saw the first draft proposals on new EU financial markets regulation. With these running parallel to the energy market’s regulatory changes long in the pipeline, Alex Davis examines the worries for the industry