Industry welcomes European Parliament recognition of FX


A clear recognition of the specificities of the foreign exchange market in an amended version of the European Commission’s (EC) regulation on over-the-counter derivatives adopted by a European Parliament committee on May 24 has been welcomed by market participants as a sign European legislation will ultimately echo the US Treasury’s likely exemption of swaps and forwards.

“This is a clear acknowledgement from policymakers that foreign exchange is a global market, underpinning international trade

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: