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EU Consultation on OTC Derivatives: Implications for cross-border harmonization

The flags of the European Union flutter in the winds in front of the Berlaymont, the EU Commission headquarters
Photo: Thierry Monasse/Getty Images

Sam Tyfield considers the broader application for multinationals, market structure, technology, digital assets, regulation, and data privacy.

consultation published by the EU Commission on which over-the-counter (OTC) derivatives identifier would best facilitate price transparency closed at the end of last week.

While we will need to wait until mid-2024 to hear the Commission’s findings, there are a couple of points of much broader impact