ISDA, EFET and FIA Europe Call for Extension of Exemptions from Capital Requirements Regime for Commodity Dealers

ISDA, the European Federation of Energy Traders ("EFET") and the Futures Industry Association ("FIA") issued a joint position paper. The paper recommends an extension of three years for the two "key" exemptions for commodity dealers (i.e., "the own capital and the large exposure exemptions") that are contained within Articles 493 and 498 of the Capital Requirements Regulation ("CRR"). The paper also calls for an in-depth analysis of the potential impact of extending the capital regulation to commodity firms.

See: Joint Position Paper: "The Potential Impact of Extending the Capital Requirements Regime to Commodity Firms."