Ancillary to the main business at a group level - MiFID 2 Provision: Difference between revisions
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(b) is able to provide a sufficiently disaggregate view of the portfolios in terms of class of commodity derivative, emission allowance or derivative thereof, underlying commodity, time horizon and any other relevant factors. <br> | (b) is able to provide a sufficiently disaggregate view of the portfolios in terms of class of commodity derivative, emission allowance or derivative thereof, underlying commodity, time horizon and any other relevant factors. <br> | ||
}} | }}}}This whole business of what is or is not in scope for MiFID — especially where it comes to the fractal coastline of commodities and commodity-like things, is an utter disaster with a face only a Eurocrat could love. This article stands as a sort of help to the articles on the MiFID-regulated [[Investment services and activities|investment service]] of [[dealing on own account]], the related de minimis threshold test, and also EMIR’s [[hedging exemption]]. | ||
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This regulatory technical standard describes in better detail what is meant by “objectively measurable as reducing risks” directly relating to a person’s commercial activity or treasury financing activity. | |||
{{sa}} | {{sa}} | ||
*[[De minimis threshold test]] | *[[De minimis threshold test]] | ||
*[[Dealing on own account]] | *[[Dealing on own account]] | ||
*[[Hedging exemption]] | *[[Hedging exemption]] |
Revision as of 10:02, 27 October 2022
MiFID 2 Anatomy™
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This whole business of what is or is not in scope for MiFID — especially where it comes to the fractal coastline of commodities and commodity-like things, is an utter disaster with a face only a Eurocrat could love. This article stands as a sort of help to the articles on the MiFID-regulated investment service of dealing on own account, the related de minimis threshold test, and also EMIR’s hedging exemption.
This regulatory technical standard describes in better detail what is meant by “objectively measurable as reducing risks” directly relating to a person’s commercial activity or treasury financing activity.