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Ancillary to the main business at a group level - MiFID 2 Provision: Difference between revisions
Ancillary to the main business at a group level - MiFID 2 Provision (view source)
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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]] | ||