EU lawmakers query price benchmark plan

摘要

Brussels-The European Commission’s plan to require contributors to commodity price benchmarks to sign binding codes of conduct is facing opposition in both the European Parliament and the EU Council, it emerged Friday. “Imposing extensive binding requirements on non-critical indices would risk creating unnecessary, substantial costs,” the parliament’s lead negotiator on the EC’s proposals, Cora van Nieuwenhuizen, said in her draft report available on the parliament’s website Friday.