Following its consultation in March this year, ESMA has published final guidelines on inside information relating to commodity derivatives that must be disclosed under MAR. ESMA says that it expects market participants, investors and regulators to take the list of examples provided in the guidelines into account when assessing whether information is inside information, although other conditions of the definition not covered by the guidelines should also be taken into account. ESMA also explains that the guidelines do not impose any additional information disclosure requirements, as the concept of required to be disclosed refers to existing or future disclosure requirements which must be disclosed independent of the guidelines, such as under national law.