Ruling kills Romanian OTC carbon permit trading
* Romanian regulators class EUAs as financial instruments
* Foreign traders must join exchanges, OTC to suffer
* Ruling, exchange trade to prevent EUA tax fraud -SIBEX
* Traders say move possibly illegal as EU Commission weighs
BUCHREST/LONDON, Feb 24 (Reuters) – Romania’s securities regulator have defined European Union carbon permits as financial instruments, a move which will force all its emissions trading onto one of the country’s exchanges.
Continue Reading at
Related posts:
on Feb 28th, 2010
@ 12:02 am:
[...] Carbon Market Headlines, Fri Feb 26, 2010 | Carbon Offsets Daily [...]