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Europe Daily Bulletin No. 10132

5 May 2010
Contents Publication in full By article 13 / 32
GENERAL NEWS / (eu) ep/financial services
Obligation to pay for derivatives will not apply to non-financial companies

Brussels, 04/05/2010 (Agence Europe) - Commenting on 4 May 2010 on the preliminary outcome of the consultation with stakeholders on the new EU rules for derivatives, EU Internal Market Commissioner Michel Barnier said that the obligation to pay for derivatives should not apply to non-financial companies. He added that under the draft legislation the European Commission will be unveiling next month, non-financial companies will be required to manage the risk of derivatives that have not yet...

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