ESMA agrees first position limits under MiFID II

ESMA’s opinions agree with proposed position limits by the Autorité des Marchés Financiers (AMF) regarding: 

•           Rapeseed;

•           Corn; and

•           Milling wheat.

ESMA found that the proposed position limits for rapeseed, corn and milling wheat by the AMF are consistent with the objectives established in MiFID II and with the methodology developed for setting those limits.

As of 3 January 2018 and MiFID II application, limits will apply to the net position a person can hold in commodity derivative contracts. NCAs have to set position limits for commodity derivatives and notify ESMA of the specific position limits they plan to introduce for liquid contracts.

ESMA will continue to assess the notifications received and issue opinions in order to ensure that the position limits are set in accordance with the MiFID II framework.

Inspection work in progress

Published 10 August 2017
Last updated 19 October 2022 + show all updates

  1. Two reports have been published today. An inspection of the use of hotels for housing unaccompanied asylum-seeking children and an inspection report on Country of Origin Information – Afghanistan and China.

  2. The Chief Inspector has launched a re-inspection of ePassport gates.

  3. Third annual inspection of ‘Adults at risk in immigration detention’ (30 September 2022) has been sent to the Home Secretary.

  4. The Chief Inspector has submitted his ‘inspection report on the immigration system as it relates to the agricultural sector’ to the Home Secretary.

  5. The Chief Inspector launches an ‘inspection of Home Office operations to effect the removal of Foreign National Offenders’

  6. Two new inspections have been added to the work the live inspections list.

  7. The Chief Inspector is launching a review of ePassport Gates, which focusses on the Home Office’s progress against the recommendations made in the ‘Inspection of ePassport gates’ (June 2020 – January 2021) report.

  8. An inspection of the Hong Kong British National (Overseas) visa route has been sent to the Home Secretary for publication.

  9. Today the Chief Inspector has sent his inspection report on the use of hotels to house unaccompanied asylum-seeking children (UASC), to the Home Secretary.

  10. David Neal, the Independent Chief Inspector of Borders and Immigration, has launched three new inspections: – A short re-inspection of Napier Barracks – An inspection of the use of hotels for housing unaccompanied asylum-seeking children – An inspection of GPS electronic monitoring of Foreign National Offenders

  11. The Chief Inspector’s report on his inspection of the initial processing of migrants arriving via small boats at Tug Haven was sent to the Home Secretary on Thursday 24 February 2022.

  12. The Independent Chief Inspector of Borders and Immigration has submitted his Inspection Report on the Home Office’s use of contingency asylum accommodation, to the Home Secretary.

  13. Update – The ICIBI’s report following his inspection into the effectiveness of Border Force’s role in Project Kraken at small seaports has been set to the Home Secretary.

  14. The Chief Inspector’s report on his ‘short inspection of Border Force queue management at Birmingham Airport’, has been sent to the Home Secretary.

  15. The following ICIBI inspection reports have been sent to the Home Secretary: 1. An inspection of Asylum Casework 2. A short inspection of reporting events at Becket House Immigration Reporting Centre based upon onsite observations 3. An inspection of UK Visas and Immigration Front End Services

  16. EU Settlement Scheme 3 went to the Home Secretary.

  17. Inspection reports sent to the Home Secretary.

  18. Added the inspection ‘The use of hotels and barracks as contingency asylum accommodation’ to live inspections’.

  19. The Chief Inspector has submitted his latest Inspection report on country of origin information (El Salvador and Sudan) to the Home Secretary.

  20. Added an update about the Intelligence Inspection

  21. The Chief Inspector has sent his inspection report on the Home Office’s use of sanctions and penalties to the Home Secretary.

  22. The Chief Inspector sent the Home Secretary his inspection report on the Home Office’s Country of Origin Information products relating to Sexual Orientation and Gender Identity or Expression, September 2020. (13 October 2020)

  23. The Chief Inspector submitted his inspection of the Home Office’s use of language services in the asylum process to the Home Secretary on Thursday 14 May 2020.

  24. ICIBI work in progresss webpage updated following the submission of the Chief Inspector’s report, on the Home Office’s response to in-country clandestine arrivals (‘lorry drops’) and to irregular migrants arriving via ‘small boats’, to the Home Secretary.

  25. Administrative reviews report has been sent to the Home Secretary.

  26. Reflects publication of the inspection report on Glasgow and Edinburgh airports, the re-inspection report on the Right of Abode being sent to the Home Secretary and the commencement of the Sanctions and Penalties and Resettlement Schemes: VPRS, VCRS and Community Sponsorship inspections

  27. Two reports have been sent to the Home Secretary and Disruption and prosecution of perpetrators of modern slavery has been added to the live inspections list.

  28. Page amended to reflect reports that have been published and sent to the Home Secretary.

  29. Updated work in progress.

  30. An update of work in progress

  31. The ICIBI sends his report on Home Office (Borders, Immigration and Citizenship System) collaborative working with other government departments and agencies to the Home Secretary.

  32. Work in progress updated with new inspections.

  33. Change to reflect sending the South Coast Ports and Asylum Accommodation reports to the Home Secretary.

  34. New inspection “Charging for Services” added

  35. Change to list of work in progress following publication of Vulnerable Persons Resettlement Scheme inspection

  36. Updated work in progress for the inspectorate.

  37. Page updated with current work in progress

  38. First published.

Investing in women key to sustainable peace in DR Congo and Nigeria, UN deputy chief tells Security Council

10 August 2017 – Investing in women and girls must be central to global efforts towards sustainable peace and development in both Nigeria and the Democratic Republic of the Congo (DRC), the United Nations deputy chief said today.

&#8220Both have dismayingly low levels of women’s political participation and are experiencing conflicts marked by extremely high levels of sexual- and gender-based violence,&#8221 said Deputy Secretary-General Amina J. Mohammed as she updated the Security Council on her recent trip to the two African countries.

The trip, from 19 to 27 July, was &#8220the first of its kind&#8221 because it focused entirely on the role of women in peace, security and development, she said.

The joint AU-UN high-level mission was undertaken by four African women, namely Ms. Mohammed, the UN Women Executive Director Phumzile Mlambo-Ngcuka, the UN Special Representative on Sexual Violence in Conflict, Pramila Patten, and the African Union (AU) Special Envoy on Women, Peace and Security, Bineta Diop.

The mission’s goal was to advance peace by advancing the equality, empowerment and well-being of women, which is in line with the Secretary-General’s vision and the relevant Security Council resolutions.

In both countries, Ms. Mohammed noted, the mission met with Heads of State, ministers, donors, diplomats, faith leaders, parliamentarian and the respective UN mission and country teams, spending the lion’s share of time with the women and girls most affected by conflicts, including through visits to camps for internally displaced persons.

The international community needs to better understand the role of women in development and peace building alongside the gender dimensions of conflict if our responses are to be effective UN deputy chief Amina Mohammed

While each country is unique, the situations share some commonalities, she said, noting that sexual violence is widespread in the DRC, and abductions, forced marriage and the use of women as suicide bombers have taken a terrible toll in northern Nigeria, where in the camps sexual exploitation, including in the form of &#8220sex for food&#8221 is a new and alarming trend.

&#8220The international community needs to better understand the role of women in development and peace building alongside the gender dimensions of conflict if our responses are to be effective,&#8221 she said.

Turning to country-specific matters, the UN deputy chief said that the mission was touched by the meeting with the schoolgirls, who were abducted in Nigeria’s Chibok and then released, after years in captivity, by the Boko Haram group.

&#8220Their remarkable strength as survivors rather than victims is inspiring. Many are receiving education and psychosocial support to prepare them for reintegration,&#8221 Ms. Mohammed said, noting that thousands of other young women who have been subjected to sexual violence and affected by conflict in other ways are still to receive adequate support.

Beyond theoretical debate, humanitarian-development nexus requires tangible resources

In the DRC, the mission emphasized the need to respect and implement the 31 December agreement, which provided a clear path towards democratic elections, she noted.

At the time of her visit, Ms. Mohammed said the electoral commission had registered more than 80 per cent of voters. That number now stands at more than 90 per cent. Of those registered, 48 per cent are women, placing the country in the same bracket as more established democracies such as Solomon Islands and Paraguay.

The mission also met with women who have no choice but to cook with coal in their tents, at great risk to their health and that of their children.

&#8220While we may debate the humanitarian-development nexus philosophically here in New York, without resources flowing to both sectors simultaneously and a real investment in early recovery, we can neither sustain peace nor prevent future gender based violence,&#8221 she said, encouraging donors to respond to the DRC’s reintegration challenges based on need alone.

Alun Davies responds to Newsnight’s Welsh language report

Commenting on last night’s Newsnight item on the Welsh Language, Minister for Life Long Learning and Welsh Language said:

“The debate displayed some poor judgement and a total lack of knowledge of the Welsh language. Can you imagine the programme asking if the first language of any other group or nation was a hindrance?

“The tone was as if the Welsh language had to justify its own existence. Newsnight seemed to have no knowledge of the fact that Welsh is the first language of many people in Wales and all those who do speak Welsh also speak English.

“Surely a programme such as Newsnight could have at least found a Welsh speaker to talk about the language, someone with an insight into the language and how it is used everyday.

“The questions on bilingualism ‘deterring investment’ and ‘putting off English companies’ displayed a complete ignorance of the modern Welsh economy, the current Welsh language standards we have and the plans we announced yesterday and in recent weeks to grow the language.

“Why didn’t they consult BBC Wales colleagues who cover this issue all the time? Wales, only two hours from London, seems to have been treated like a nation far away about whom Newsnight knows little. Newsnight should apologise and offer viewers the informed, considered look at the Welsh language that they deserve.”