EMIR: the ESMA has updated its Q&As and the Commission has reached a provisional EMIR 3.0 agreement

16/04/2024

On February 2 2024, the European Securities and Markets Authority (ESMA) updated its Q&As on European Market Infrastructure Regulation (EMIR).

On February 7 2024, the Council of the European Union (EU) and the European Parliament reached a provisional agreement on the review of EMIR 3.0. The review aims to make the EU clearing landscape more attractive and resilient, to support the EU’s open strategic autonomy and to preserve the EU’s financial stability. The provisional political agreement is subject to approval by the Council and the Parliament before going through the formal adoption procedure and entering into force.