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ARTICLE · 02 MARCH 2017

Final Guidelines On Disclosure Of Information On Commodity Derivatives And Spot Markets Take Effect

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On January 17, 2017, ESMA published translations of the final Guidelines on information expected or required to be disclosed on commodity derivatives markets or related spot markets under...

European UnionFinance and Banking
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On January 17, 2017, ESMA published translations of the final Guidelines on information expected or required to be disclosed on commodity derivatives markets or related spot markets under the Market Abuse Regulation in the official languages of the EU. MAR replaced the current Market Abuse Directive and its implementing legislation from July 3, 2016. The publication of the translations triggers the application of the Guidelines from March 17, 2017. The Guidelines are relevant to national regulators and to commodity derivatives market participants such as investors, financial intermediaries, operators of trading venues and persons professionally arranging and executing transactions in commodity derivatives. National regulators have until March 17, 2016 to advise ESMA whether or not they intend to comply with the final Guidelines.

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