ECON has published its draft report on the proposed regulation amending the CRR to extend certain exemptions for commodity dealers. The current exemptions i.e. exempting commodity dealers from large exposures and own funds requirements, expire on 31 December 2017 and were included in the CRR to allow time for regulators to determine a prudential framework adapted to the risk profile of commodity dealers. The Commission is carrying out a review on an appropriate regime for commodity dealers, as well as for the prudential supervision of investment firms in general, but any resulting legislation is unlikely to be adopted before the exemptions expire at the end of 2017. The proposed regulation will extend the exemptions until 31 December 2020.