The EACT has sent a letter to the European Commission concerning the work currently undertaken on the definition of foreign exchange (FX) derivative instruments under the delegated acts of MiFID 2. With our letter we seek to draw the Commission's attention to the fact that the draft definition currently being considered by the Commission would still result in inconsistent interpretation and we are therefore proposing additional wording in line with the existing wording in EMIR.
Tarek is an experienced public affairs expert, specialising in EU financial regulation and has previously advised financial and non-financial companies across the entire financial services value chain on their EU policy advocacy strategies at FleishmanHillard. Tarek has a profound understanding of the regulatory issues impacting treasury and of the strategic objectives of the EACT.
View MoreRead the EACT's response to the European Commission's new digital finance strategy for Europe / FinTech action plan.
View MoreThe EACT is grateful for the opportunity to respond to the consultation on the implementation of new retail payments strategy. Read our position here.
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The latest issue looks at the results of the EACT Survey, FX hedging in volatile markets, and shares the latest news from EACT and its member associations.
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The latest issue looks at how to plan liquidity requirements during Covid-19, defend against fraud and cyberattacks, and shares the latest news from EACT and its member associations.
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