| Abstrakt: |
The article discusses the regulatory framework for commodity derivatives in the UK. The UK Financial Conduct Authority (FCA) has launched a consultation on proposed reforms to the framework, which covers position limits, exemptions, reporting, and ancillary activities. The FCA aims to enhance risk identification, respond to market changes, and relieve unnecessary burdens on firms. The proposed reforms include narrowing the application of position limits, amending criteria for setting position limits, establishing accountability thresholds, and introducing new exemptions. The changes are set to take effect on January 1, 2025. [Extracted from the article] |
