With effect from 15 August, the EU has published its new regulation on “the calculation of the net position held by a person in a commodity derivative, the methodology for calculating the position limits on the size of that position and the procedures for applying for exemptions to position limits”. Another piece specifies how investment firms and market operators should format their position reports.
The formal name of the new regulation – available in 24 languages by clicking here – is no less than “Commission Delegated Regulation (EU) 2022/1302 of 20 April 2022 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory technical standards for the application of position limits to commodity derivatives and procedures for applying for exemption from position limits”.
The Commission is simultaneously launching another regulation with implementing technical standards for “the format of position reports by investment firms and market operators”.
