Energy Risk Europe: Commodity derivatives rules flawed, says SEB’s Iwarson

Derivatives regulation will impede attempts by banks to compete and do lasting damage to European market, says founder of SEB’s commodity business

Torbjörn Iwarson, SEB

Attempts to regulate over-the-counter commodity derivatives are not likely to achieve their intended goals, and will instead the cripple the ability of smaller banks to compete in the market, according to Torbjörn Iwarson, senior adviser for commodities at Stockholm-based Skandinaviska Enskilda Banken (SEB).

Speaking at Energy Risk Europe in London on October 8, Iwarson launched a broadside against many of the current rules affecting the OTC commodity derivatives market, suggesting they are ill