The European Central Bank has published an opinion on the European Commission's legislative proposal, published in December 2015, for a Regulation amending the CRR to extend certain exemptions for commodity dealers. In its opinion, the ECB states that the decision to extend these exemptions should take into account any systemic risks posed by commodity dealers. It also states that the exemption should only be of a temporary nature and calls for the European Commission's expected comprehensive review of the prudential regulation of investment firms to be carried out as soon as possible.