September 24, 2013
On September 24, ISDA & FOA responded to the European Commission (MT Fabregas Fernandez), to the Rapporteur at the Parliament (M. Ferber) & to the Lithuanian presidency and to key Council members regarding MiFID – Article 59 – Position limits and position management controls: Definition of the hedging exemption.
This paper to aims to ensure that:1) the definition of the hedging exemption benefits all market participants and does not discriminate between financial and non-financial firms;
2) the hedging purpose of the transaction is subject to further clarifications by ESMA.
Share This Article:
Share ISDA/FOA response to the European Commission re. MiFID – Article 59 – Position limits and position management controlson Facebook. May trigger a new window or tab to open. Share ISDA/FOA response to the European Commission re. MiFID – Article 59 – Position limits and position management controlson Twitter. May trigger a new window or tab to open. Share ISDA/FOA response to the European Commission re. MiFID – Article 59 – Position limits and position management controlson LinkedIn. May trigger a new window or tab to open. Share ISDA/FOA response to the European Commission re. MiFID – Article 59 – Position limits and position management controlsvia email. May trigger a new window or your email client to open.