Q&A · ESMA
Interpretation of "emission allowances" under C(4)
Answered
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Derivatives on emission allowances not recognised under the EU ETS, such as UK ETS allowances, are still financial instruments under Section C(4) of Annex I MiFID II, which does not distinguish between EU ETS and other allowances.
Details
| Reference | ESMA_QA_847 |
|---|---|
| Issuer | ESMA |
| Published | 24 Jun 2024 |
| Answered | 24 Jun 2024 |
| Submitted | 27 Apr 2023 |
| ESMA topics | EMIR Reporting |
Provisions it relates to
- Annex I MiFID II · LISTS OF SERVICES AND ACTIVITIES AND FINANCIAL INSTRUMENTSExplicit reference
- MiFID II (whole act)Explicit reference