Richard Raeburn, the EACT Chairman, appeared on Reuters Insider TV on Wednesday 28th July to discuss EU Derivatives Regulation. Richard comments on, amongst other related topics, the progress of the regulation proposals during the past 12 months, the relationship between corporates using derivatives and systemic risk, and why the EU's proposals for the application of thresholds could be considered a misguided concept in regards to tackling that systemic risk.

You can view a video of the 5 minute appearance by clicking here.

The EACT has made a submission in response to the latest and final consultation by the European Commission (EC) on the regulation of derivatives.  There are a number of key issues raised by the EC’s proposals and the EACT has outlined some points in response, including an examination of the difference between the EC's initial proposal for use of rigid thresholds and the approach to the same regulation in the US, which is to allow a substantial and pragmatic carve-out for non-financial companies.

Click here to download the EACT press release and click here to download the EACT Comments in response to the Public Consultation on Derivatives and Market Infrastructures.