20.07.2015 - Which regulations are commodity traders happy with?
As home to some of the largest commodities trading companies in the world, Switzerland is taking steps to bring legislation more in line with major business partners. While recently adopted measures are seemingly welcomed by the industry, other more stringent steps are being considered with slightly more trepidation. For Stéphane Graber, secretary general of the STSA (Swiss Trading and Shipping Association), Parliament’s adoption of the Financial Market Infrastructure Act was essential for the industry he represents. The legislation, which governs the organisation and operation of financial markets, aims to align Switzerland to regulations, particularly in the United States and the European Union, to control manipulations of large trades...............................................Full Article: Source
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