Commodities Working Group

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