Corporates protest against derivatives reform
BRUSSELS - Proposed changes to the derivatives market in Europe will increase the cost of hedging foreign exchange and threaten businesses, European corporates said last week.
German airline Lufthansa and UK engineering group Rolls-Royce were among the European firms warning against implementation of the European Commission's (EC) proposals, at an EC-organised conference in Brussels marking the end of the public consultation period.
"The proposed measures could force consumers like us out of the
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