Should commodity trading firms be subject to capital requirements? That contentious question has received plenty of attention over the past few years, but recently the debate has been given added impetus. In July last year, a revised bundle of European Union financial legislation named Mifid II entered into force, ushering in the possibility that commodity trading firms such as trading houses and utilities' trading arms may get targeted with bank-like capital rules.
Not surprisingly, companies a
The week on Risk.net, March 10-16 2018Receive this by email