In response to growing cross-border regulation, the Commodity Markets Council – Europe (CMCE) was formed in 2012. CMCE is comprised of agriculture, energy, metals and other commodity market participants, price reporting agencies, and trading venues established and/or operating in the European Union (EU), the European Economic Area (EEA), Switzerland and neighbouring countries.

CMC Europe 2017 Work Plan

CMCE faces a busy legislative and regulatory agenda in 2017. Provisional priorities based on member feedback are included below:

  • Conduct and market regulation
  • Regulation of benchmarks
  • Market abuse regime
  • Clearing for OTC derivative contracts
  • Advocacy and education
  • Benchmarks
  • BREXIT:  Implications for commodity trading markets