GFMA SmartBrief is a daily newsletter published by our parner, SmartBrief. If offers a summary of industry news and updates from GFMA and its regional members AFME, ASIFMA and SIFMA.

GFMA’s Commodities Working Group (CWG) focuses on regulatory issues specific to banks operating in the financial and physical commodities markets.

CWG’s work centers around the creation of a more level regulatory playing field for the commodity markets:

  • Implementation of MiFID2 commodity specific measures, including the new position limits/reporting regime
  • Embedding new transparency requirements in the European wholesale gas and power markets
  • Monitoring issues such as IOSCO’s Principles for Oil Price Reporting Agencies