US and EU Push For Common Approach with latest CFTC Framework

Moderator: moderators

kreslik.news
rank: 5000+ posts
rank: 5000+ posts
Posts: 5065
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 0
Gender: None specified

US and EU Push For Common Approach with latest CFTC Framework

Postby kreslik.news » Tue Mar 15, 2016 4:33 pm


The steps towards cross-border regulatory harmony just got closer, as the United States (US) Commodity Futures Trading Commission (CFTC) has today approved a substituted compliance framework for certain Counterparties that are also regulated in Europe, thus simultaneously providing relief for the applicable firms from specific CFTC regulations.

This follows after the joint CFTC statement with the European Commission (EC) that was announced on February 10th and aimed towards a common approach for certain transatlantic dealers, and to help improve market efficiency for the many businesses and industries that use derivative markets for hedging commercial risk.

After extensive consultations with ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”