Companies welcome relief brought by Commission’s derivative end-user proposals
Companies welcome the Commission’s commitment to the existing commercial hedging exemption for companies from clearing and margining, and the move to an asset-by-asset class assessment for this exemption. The hedging exemption is critical to bringing certainty to business decisions and supporting industrial activity in Europe.
Today’s announcements are an important step forward in reducing the burdens on corporates. Now it is important that the EU-Parliament and the Member States deliver their intended positive impact for Europe’s economy as a whole.