Luxembourg offers reprieve on FX derivatives reporting - TopicsExpress

Luxembourg offers reprieve on FX derivatives reporting Luxembourgs financial regulator, the Commission de Surveillance du Secteur Financier, says it will not enforce reporting requirements for foreign exchange derivatives, citing a lack of clarity as to what defines a derivative under EU rules. The regulator is asking the European Securities and Markets Authority and the European Commission to issue additional guidance. If you are interested in trading global futures, options, spreads or investing Chinese market, please feel free to contact qin.yang@ceres888

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