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UK Government Publishes Draft Legislation Revising Application of the Ancillary Activities Test for Commodity Derivatives and Emission Allowances | Shearman & Sterling LLP

The U.K. government has published a draft statutory instrument (and related explanatory memorandum), which will be known as the Financial Services and Markets Act 2000 (Commodity.

Financial servicesEu markets in financial services directiveMarkets actCommodity derivativesEmission allowancesWholesale markets reviewFinancial services directiveFinancial conduct regulatorRegulated activitiesFinancial instruments

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