ESMA Enforcement of Physical Commodity Forwards and FX Fowards under EMIR

See this post on the DRS website about a speech given by an Executive Director of ESMA. Much of the speech was about the work that lies ahead for MiFID II.

Significantly though, it was said that EMIR on Physical Commodity Forwards and FX Forwards, which was queried by ESMA recently, would not be enforced until an answer is given.

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