What changes on 20/04/2017

The text in force from 11/06/2005 compared with the text from 20/04/2017.

Read the act as of 20/04/2017 · other versions:

Chapter I

• inserted Article 1 - Subject matter
• inserted Article 2 - Definitions

Chapter II

• inserted Article 3 - Aggregation and netting of positions in a commodity derivative (Article 57(1) of Directive 2014/65/EU)
• inserted Article 4 - Method of calculating positions for legal entities within a group (Article 57(1) of Directive 2014/65/EU)
• inserted Article 5 - Same commodity derivatives and significant volumes (Article 57(6) of Directive 2014/65/EU)
• inserted Article 6 - OTC contracts economically equivalent to commodity derivatives traded on trading venues (Article 57(1) of Directive 2014/65/EU)
• inserted Article 7 - Positions qualifying as reducing risks directly related to commercial activities (Article 57(1) of Directive 2014/65/EU)
• inserted Article 8 - Application for the exemption from position limits (Article 57(1) of Directive 2014/65/EU)

Outside any heading

• inserted Recital 1
• inserted Recital 2
• inserted Recital 3
• inserted Recital 4
• inserted Recital 5
• inserted Recital 6
• inserted Recital 7
• inserted Recital 8
• inserted Recital 9
• inserted Recital 10
• inserted Recital 11
• inserted Recital 12
• inserted Recital 13
• inserted Recital 14
• inserted Recital 15
• inserted Recital 16
• inserted Recital 17
• inserted Recital 18
• inserted Recital 19
• inserted Recital 20
• inserted Recital 21
• inserted Recital 22
• inserted Recital 23
• inserted Recital 24
• inserted Preamble

Chapter III › Section 1

• inserted Article 9 - Methodology for determining the baseline figure for spot month limits (Article 57(4) of Directive 2014/65/EU)
• inserted Article 10 - Deliverable supply (Article 57(3) of Directive 2014/65/EU)
• inserted Article 11 - Methodology for determining the baseline figure for other months' limits (Article 57(4) of Directive 2014/65/EU)
• inserted Article 12 - Open interest (Article 57(3) of Directive 2014/65/EU)
• inserted Article 13 - Methodology for determining the baseline figure in respect of certain contracts (Article 57(4) of Directive 2014/65/EU)

Chapter III › Section II

• inserted Article 14 - Assessment of factors (Article 57(3) of Directive 2014/65/EU)
• inserted Article 15 - New and illiquid contracts (Article 57(3)(g) of Directive 2014/65/EU)
• inserted Article 16 - The maturity of the commodity derivatives contracts (Article 57(3)(a) of Directive 2014/65/EU)
• inserted Article 17 - Deliverable supply in the underlying commodity (Article 57(3)(b) of Directive 2014/65/EU)
• inserted Article 18 - The overall open interest (Article 57(3)(c) of Directive 2014/65/EU)
• inserted Article 19 - The number of market participants (Article 57(3)(e) of Directive 2014/65/EU)
• inserted Article 20 - Characteristics of the underlying commodity market (Article 57(3)(f) of Directive 2014/65/EU)
• inserted Article 21 - Volatility of the relevant markets (Article 57(3)(d)) of Directive 2014/65/EU)
• inserted Article 22 - Entry into force and application