Letter to EC on energy derivatives

Call for evidence on MiFID II product intervention powers

[unable to retrieve full-text content] Original Article Here

ESMA encourages crowdfunding service providers to accelerate their transition to the new regime

Crowdfunding service providers (CSPs) that provide their services only on a national basis currently benefit from a transitional period that is set to expire on 1 October 2022.  In its final report, ESMA discusses the application of the CR to these CSPs as well as the relevance of extending the transitional period set out in […]

TRV article – EU natural gas derivatives markets: risks and trends

TRV article – EU natural gas derivatives markets: risks and trends ESMA has published a study on the structure and functioning of EU natural gas derivatives markets, and potential risks for financial stability. The study reports that the annual turnover of natural gas derivatives on EU futures exchanges reached EUR 4,150bn in 2022, and open positions of EU […]