Europex calls on ESMA to take into account specific characteristics of commodity benchmarks in the energy sector

Europex calls on ESMA to take into account specific characteristics of commodity benchmarks in the energy sector

In its response to the ESMA consultation on Draft Technical Advice on the Benchmark Regulation, Europex stresses the need to consider special characteristics of particular commodities following seasonal patterns. For the endorsement of Third Country Administrators ESMA should ensure a level playing field to all Third Country Administrators having users within the EU.