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HM Treasury and FCA propose new ancillary activities test

Author: Karen Cooper

HM Treasury and FCA propose new ancillary activities test

HM Treasury and the FCA are consulting on a new framework for exempting commodity derivative trading from MiFID where it is ancillary to the main activity of the group. The consultations close on 28 August 2025.

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HM Treasury and FCA propose new ancillary activities test

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HM Treasury and FCA propose new ancillary activities test

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