European Union

European Union

European Parliament adopts regulation to shed light on shady derivatives markets

Today the European Parliament gave the green light to the European Markets Infrastructure Regulation (EMIR) designed to regulate shady ‘over the counter’ (OTC) derivatives. NGOs welcomed the introduction of clearing and reporting obligations for these financial products as a crucial step towards regulating vital agricultural commodity derivatives markets.

Fit for Purpose?

The first anniversary of the European External Action Service (EEAS) finds the European Union (EU) in the midst of a financial and identity crisis that has precipitated Europe’s ongoing dec

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