The European Supervisory Authorities have begun a consultation on draft Regulatory Technical Standards in respect of the European Market Infrastructure Regulation (EMIR). The draft Standards cover the risk management procedures for counterparties in non-centrally cleared OTC derivatives, the criteria concerning intragroup exemptions and the definitions of practical and legal impediments. The consultation paper is available here (pdf).
Wednesday, 16 April 2014
Europe: EMIR - ESAs consult on draft regulatory standards
The European Supervisory Authorities have begun a consultation on draft Regulatory Technical Standards in respect of the European Market Infrastructure Regulation (EMIR). The draft Standards cover the risk management procedures for counterparties in non-centrally cleared OTC derivatives, the criteria concerning intragroup exemptions and the definitions of practical and legal impediments. The consultation paper is available here (pdf).
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