!css

Delegated Regulation on margin requirements for non-cleared derivatives

01/01/2017

On 15 December 2016 the European Commission published in the Official Journal a new EU Commission Delegated Regulation on risk mitigation techniques for derivative contracts not cleared through a central counterparty.

On 15 December 2016 the European Commission published in the Official Journal a new EU Commission Delegated Regulation on risk mitigation techniques for derivative contracts not cleared through a central counterparty. The delegated regulation set out the European Market Infrastructure Regulation (EMIR) requirements for firms to exchange margin in relation to non-centrally cleared OTC derivatives. The rules entered into force on 4 January 2017 with a implementation date on 4 February for the exchange of variation margin. Implementation for the exchange of initial margin will be phased-in commencing on 4 February 2017 through to 1 September 2020.

Gefällt Ihnen der Artikel?
+1
0