On Tuesday 5 December, the European Commission adopted an equivalency decision recognising certain regulated trading platforms in the United States as equivalent to those of the EU, in line with the agreement reached with the American Commodity Futures Trading Commission (CFTC) on 13 October of this year (see EUROPE 1153).
This decision, which was adopted in the form of an implementing act, will allow European counterparties to continue to carry out certain transactions in derivative...