CMCE 2016 Work Plan
CMCE continues to work on priority legislative and regulatory issues of importance to its members, which are established and driven by the membership. In 2016, the group’s engagement has been primarily focused on promoting amendments to the MiFID 2 regulatory technical standards (RTS) that will set out tests for assessing exclusions for commercial commodity derivatives market participants and methodology of setting position limits. CMCE has assisted members in the preparation to implementation of new European market abuse regime and continued engagement with the European regulators on the development of new prudential regime for commodity dealers. CMCE has also continued to engage with policy makers on the upcoming review of European rules on over-the-counter derivatives trading.