Events listed in European Market Infrastructure Regulation (EMIR)
ESAs propose extending the EMIR equity option exemption
ID 26434
The ESAs have proposed a two-year extension to the equity option exemption from bilateral margining under EMIR. The current temporary exemption, set to expire on 4 January 2024, could be extended until 4 January 2026, according to joint draft RTS published by the ESAs. These RTS provide guidance to market participants on handling equity options from the expiration of the current temporary exemption. This ...
[ESMA12-2121844265-3173 ] Final report on Guidelines on position calculation under ...
ID 26332
ESMA published its Final report on Guidelines on position calculation under EMIR. This report presents proposed updates to the existing ESMA Guidelines on position calculation under EMIR Refit standards. The primary objective of these guidelines is to offer clarity regarding position calculations, scope of data, and methodologies in the context of the new EMIR Refit standards. The guidelines that will come into effect from ...
Circulaire CSSF 23/846
ID 26033
This circular serves to notify financial and non-financial counterparties to derivatives falling under Articles 2(8) and 2(9) of EMIR, where the CSSF acts as the competent authority as per Article 1(2) of the EMIR Law, that the CSSF applies the ESMA Guidelines on reporting under EMIR (ESMA74-362-2281), published on 23 October 2023. The CSSF, in its capacity as the competent authority, therefore **officially adopts ...
[ESMA70-151-2218 ] Public Register for the Clearing Obligation under EMIR
ID 25966
ESMA has published an new version as of 28 November 2023 of its Public Register for the Clearing Obligation under EMIR as mandated by Article 6 of Regulation (EU) No 648/2012, EMIR, and Article 8 of Commission Delegated Regulation (EU) No 149/2013. In this register, ESMA publicly specifies the following: 1. the „classes of OTC derivatives subject to the clearing obligation“ including OTC interest ...
New consolidated version: Commission Implementing Decision (EU) 2016/2272 on the ...
ID 25867
New consolidated version: Commission Implementing Decision (EU) 2016/2272 of 15 December 2016 on the equivalence of financial markets in Australia in accordance with Regulation (EU) No 648/2012 of the European Parliament and of the Council (Text with EEA relevance). A new consolidated version of Commission Implementing Decision (EU) 2016/2272 as regards the equivalence of Australian financial markets (trading venues) was published in the Official ...
ESMA and EU CCPs participate in a Global fire-drill
ID 25786
ESMA, along with the majority of EU CCPs, participated in a global fire-drill during the week starting 13 November 2023. Over 30 CCPs simultaneously simulated their default management processes, coordinated by ESMA in collaboration with EU and non-EU authorities, CCPs, and industry associations. The exercise aimed to identify potential operational bottlenecks in procedures and promote the sharing of best practices among CCPs, contributing to ...
[ESMA70-152-348 ] List of third-country CCPs recognised to offer services and ...
ID 25516
ESMA has published an updated list of third-country CCPs which are recognized to offer clearing services and perform activities in the EU in accordance with Article 25 of EMIR. The list also includes a table of classes of financial instruments by each counterparty which are covered by the CCP’s recognition. Please note that despite the inclusion of the United Arab Emirates on **AML blacklist ...
ESMA signs Memorandum of Understanding with the Indonesia Financial Services ...
ID 25501
ESMA has published a MoU concluded between itself and the Indonesia Financial Services Authority as regards the supervision of CCPs established in Indonesia, that was signed by the parties on 30 September 2023. Therein, the regulators agree to closely cooperate on such supervision and exchange information – within legal limits – on counterparties that are applying or have already applied for third-country recognition in ...
[ESMA74-362-2281 ] Guidelines for reporting under EMIR
ID 25449
Following the publication of a final report (eventid=18921) in this context, ESMA has now published corresponding final „Guidelines for reporting under EMIR“. Concurrently, ESMA has also published translated versions of the document in all EU member state languages. To recall, the guidelines cover a wide range of topics relating to reporting, data quality, and data access under EMIR-REFIT, including the following – as quoted: ...
Commission Implementing Decision (EU) 2023/2207 of 13 October 2023 amending ...
ID 25353
New Commission Implementing Decision (EU) 2023/2207 as regards the equivalence of Australian financial markets was published in the Official Journal (OJ) of the EU. The new implementing decision simply modifies the previous implementing decision of 2016 (Commission Implementing Decision (EU) 2016/2272) concerning same issue to replace the list of trading venues set out in the Annex to *include another trading venue, namely FEX Global ...