European Union Emissions Trading Scheme – legal point of view

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Title
DEA sub-delegation legal dilemmas
Third-country regime under MiFID II
MiFID II trading obligation for shares
MiFID II tick-size regime
Confusion over the group's application of the MiFID II ancillary activity exemption
Practical meaning of the MiFID II ancillary activity exemption – what the non-financial counterparties below the threshold can do with respect to financial instruments and what is banned
MiFID II optional exemption under Article 3
MiFID II position limits - netting rules cause headache for groups
MiFID II ancillary activity exemption - trading test (derivatives ratio or proxy test)
MiFID II ancillary activity exemption - main business test (MBT)

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