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Crude Oil, Chemicals, Agriculture, LNG, Biofuel
September 07, 2023
All entities participating in the Market on Close assessment process are requested to inform Platts, part of S&P Global Commodity Insights, of any change to relevant information including but not limited to its supervised status by an EU competent authority, its bilateral trading capabilities and the personnel authorized to provide market information to Platts for the purpose of the MOC process.
Some Platts assessments are in scope of European Benchmark Regulations (EBMR) and applicable regulatory requirements are dependent on stated criteria, including the proportion of contributions to a price assessment by entities supervised by an EU competent authority. This question is required of all reviewed participants and may be posed during an acceptance review or an event-driven review. Entities should notify Platts if there are any changes to its regulatory oversight for commodity trading.
Platts asks that you please notify PriceGroup@SPGlobal.com of any changes. For questions or comments please notify PriceGroup@SPGlobal.com and PL_EMBR@spglobal.com.
For more information on EMBR regulation as it pertains to Platts, please see: https://www.spglobal.com/platts/en/about-platts/regulatory-engagement and for more information on Platts Benchmark statements: https://www.spglobal.com/platts/en/our-methodology/methodology-specifications/oil/benchmark-statements.