Version status: Entered into force | Document consolidation status: No known changes

Published date: 26 July 2022

Commission Delegated Regulation (EU) 2022/1302 of 20 April 2022 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory technical standards for the application of position limits to commodity derivatives and procedures for applying for exemption from position limits (Text with EEA relevance)

	Recitals
	Chapter I General provisions (arts. 1-2)
	Article 1 Subject matter
	Article 2 Definitions
	Chapter II Method for calculating the size of the net position of a person (arts. 3-10)
	Article 3 Aggregation and netting of positions in a commodity derivative
	Article 4 Method of calculating positions for legal entities within a group
	Article 5 Significant volumes
	Article 6 OTC contracts economically equivalent to commodity derivatives traded on trading venues
	Article 7 Positions qualifying as reducing risks directly related to commercial activities
	Article 8 Application for the exemption from position limits for positions qualifying as reducing risks directly related to commercial activities
	Article 9 Application for the exemption from position limits for mandatory liquidity provision
	Article 10 Positions qualifying as resulting from mandatory liquidity provision
	Chapter III Methodology for competent authorities to calculate position limits (arts. 11-23)
	Section 1 Determination of baseline figures (arts. 11-15)
	Article 11 Methodology for determining the baseline figure for spot month limits
	Article 12 Deliverable supply
	Article 13 Methodology for determining the baseline figure for other months' limits
	Article 14 Open interest
	Article 15 Methodology for determining the baseline figure in respect of certain commodity derivatives
	Section 2 Factors relevant for the calculation of position limits (arts. 16-23)
	Article 16 Assessment of factors
	Article 17 New and less liquid agricultural commodity derivatives
	Article 18 Deliverable supply in the underlying commodity
	Article 19 The overall open interest
	Article 20 The number of market participants
	Article 21 Characteristics of the underlying commodity market
	Article 22 Repeal
	Article 23 Entry into force and application
	Annex
	Done at