Financial analysis – European Code of Conduct on Sponsored Research
At the end of 2025, ESMA published its final report on the European Code of Conduct applicable to sponsored research, […]
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Commodities – Position limits
ESMA held a consultation earlier this year on technical standards for position limits in commodity derivatives markets. AMAFI said in its feedback that, overall, ESMA’s proposals were appropriate for the stated goals of the MiFID II Quick Fix package, namely to simplify the position limit regime and introduce a system that will better support the development of new, less liquid contracts (AMAFI / 21-45).
But AMAFI also voiced scepticism about some of the proposals for technical standards on position management controls. It argued that the proposals, including one to introduce the notion of “close links” to the monitoring of participant positions, impose new obligations that are incompatible with the business of trading venues dealing in commodity derivatives.
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Interview with Stéphane Giordano: “We do not need a major institutional overhaul to become more effective”
Find in the new AMAFI–RB publication entitled “A Federal Europe: A Good Solution for the Economy and the Markets? the […]
FTT: AMAFI warns against a tougher approach that would harm French companies
AMAFI has published an impact study on the consequences of raising the rate of the financial transaction tax (FTT) from […]