On June 29, the regulation amending the EU Capital Requirements Regulation (CRR) regarding exemptions for commodity dealers (Regulation) was published in the Official Journal of the European Union. Under the CRR, commodity dealers are granted exemptions from large exposure and own fund requirements until December 31, 2017. The recently published Regulation extends this exemption until December 31, 2020, or the date amendments, if any, commence for the prudential supervision regime for commodity dealers and investment firms generally.

The Regulation can be found here.