Regulatory Alerts2022-03-24
Added · Updated
Commission Delegated Regulation (EU) 2022/1299 on position management controls by trading venues
The European Commission mandates trading venues to implement ongoing monitoring of positions held by end position holders and parent undertakings in commodity derivatives. Trading venues must establish accountability levels for physically settled derivatives and request additional information regarding the nature and purpose of positions that exceed these thresholds. Venues are required to annually evaluate the adequacy of these levels, report their setting methodology to competent authorities, and disclose instances of threshold breaches and subsequent actions. The regulation entered into force on 15 August 2022.
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