European company treasurers concerned about derivatives regulation

Press Release

Corporate treasurers are concerned about a potential cash drain for companies under proposals for regulation of financial derivatives being considered by the European Commission.

Responses earlier this month to the Commission Staff Consultation Paper stressed this point. The summary, prepared with the European Association of Corporate Treasurers which sets out the concerns concisely can be seen at www.treasurers.org/otcderivatives/euproposals/eactresponse

Stuart Siddall, ACT Chief Executive commented:

 It is important that regulators get this one right and avoid adding unnecessarily to the pressures on companies. Stuart Siddall, ACT Chief Executive

Further information is available at www.treasurers.org/otcderivatives and on the European Commission’s website at http://ec.europa.eu/internal_market/financial-markets/derivatives/index_...

The Commission is hosting a public conference in Brussels on the general topic of derivatives regulation tomorrow, Friday 24 September.

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