EU Rules Are Limiting Commodity Markets Abuse, Group Says
Law360, London (November 19, 2018, 7:35 PM GMT) -- The International Organization of Securities Commissions said Monday that European Union regulations introduced in recent years are helping member states prevent market abuses in the commodity derivatives sector, in line with the standard setter’s principles.
IOSCO said that its members, including those located in the EU, are achieving full compliance with its principles for regulating commodity derivatives markets. The bloc’s countries have successfully worked toward this by making improvements to disclosure requirements as part of the introduction of reforms to the Markets in Financial Instruments in January and the Market Abuse Regulation — which was implemented in 2016.
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