Category Archives: EMIR

ESMA Consults on the Extra-Territorial Application of EMIR

On 17 July 2013, the European Securities and Markets Authority (“ESMA”) published a consultation paper (the “Consultation Paper”) on draft regulatory technical standards (“RTS”) aimed at implementing certain provisions of the European Markets Infrastructure Regulation (“EMIR”) relating to (a) the … Continue reading

Posted in Commodity Trading, EMIR, Mining/Metals, Oil & Gas, Power, Regulation

Commodities Now: Washington – We Have a Problem

June 2012 offered the first serious insight into how international regulators intended to apply their new derivatives regulatory regimes to cross-border issues. On 29th June 2012, the Commodity Futures Trading Commission (CFTC) published its proposed guidance on the extraterritorial application … Continue reading

Posted in Articles, CFTC, Commodity Trading, Dodd-Frank, EMIR, MiFID, MiFIR, Oil & Gas, Power, Regulation

ESMA’s Final Report on Draft Technical Standards under EMIR: Non-Financial Counterparties and Risk Mitigation for Non-Cleared OTC Derivative Contracts

Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC Derivatives, Central Counterparties and Trade Repositories (“EMIR”) was introduced to provide a framework to improve the functioning of the OTC derivatives markets … Continue reading

Posted in Commodity Trading, EMIR, Regulation