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This year’s Africa Energy Forum presents a unique opportunity for African collaboration
In the rural village of Gwanda, Zimbabwe, a mother walks several kilometres each day to find firewood so she can cook for her children.
Draft regulations laid preserving the pension fund exemption from clearing obligations for OTC derivatives
United Kingdom | Publication | March 2025
On March 17, 2025, draft regulations were laid before Parliament to ensure that the pension fund exemption from clearing obligations does not expire.
The draft Pension Fund Clearing Obligation Exemption (Amendment) Regulations 2025, reflect the Treasury’s response to its earlier call for evidence on the exemption for UK over-the-counter pension fund investments in derivatives from clearing obligations under the European Market Infrastructure Regulation (EMIR). The exemption was due to expire on June 18, 2025, but it will now be maintained in the long term in the light of "clear evidence" that its removal would have several negative effects.
The draft regulations will come into force on the day after they are approved in Parliament.
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The future of regional power trade in Southern Africa
Southern Africa is a key focus of attention at the present time, as it faces a perfect storm of an energy emergency due to hydropower generation being severely impacted by reduced water levels due to droughts whilst the demand of its regional miners for clean baseload power rapidly accelerates.
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