Q&A · ESMA
Non-EU entities above position limits
Answered
Read the official text on the ESMA website(opens in a new tab)AI-generated Summary
Non-EU non-financial entities with positions above the limits can apply for the hedging exemption in the same way as EU firms, following the rules and procedures in RTS 21a.
Details
| Reference | ESMA_QA_1517 |
|---|---|
| Issuer | ESMA |
| Published | 19 Dec 2016 |
| Answered | 19 Dec 2016 |
| Submitted | 19 Dec 2016 |
| ESMA topics | Position limits |
| Earlier Q&A document | ESMA 70-872942901-36 Commodity derivatives Q&A, Q&A 2.5 |
Provisions it relates to
- Article 57 MiFID II · Position limits in commodity derivatives and position management controls in commodity derivatives and derivatives of emission allowancesInferred · 90%
- MiFID II (whole act)Explicit reference