Events listed in European Market Infrastructure Regulation (EMIR)
Letter to Members of the European Parliament on EMIR review
ID 22360
The European Systemic Risk Board (ESRB) has published a letter addressed at members of the European Parliament in connection with the EU’s currently proposed modifications to the European Market Infrastructure Regulation (EMIR) in an effort to increase the competitiveness of EU central counterparties (CCPs) and to foster clearing activities among market participants. In its letter, the ESRB greatly appreciates the initiative of the EU, ...
ALFI provides feedback to the European Commission on the EMIR 3 Review
ID 22305
ALFI provided feedback to the EC measures to further develop the EU’s CMU to make EU clearing services more attractive and resilient, supporting the EU’s open strategic autonomy and preserving financial stability (COM(2022) 697 final alias 2022/0403 (COD)). ALFI expressed gratitude to the EC for the opportunity to provide feedback on this clearing package, which consists of a regulation and a directive, following a ...
[ESMA70-152-348 ] List of third-country CCPs recognised to offer services and ...
ID 22293
On 15 March 2023, the European Securities and Markets Authority, ESMA, has published an updated list of third-country central counterparties (CCPs) which are recognized to offer clearing services and perform activities in the European Union in accordance with Article 25 of the European Market Infrastructure Regulation (EMIR). The list also includes a table of classes of financial instruments by each counterparty which are covered ...
[MoU Israel ] Memorandum of Understanding between ESMA and the Israel Securities ...
ID 22274
The European Securities and Markets Authority, ESMA, has published a Memorandum of Understanding (MoU) concluded between itself and the Israel Securities Authority as regards the supervision of central counterparties established in Israel (CCPs). 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 ...
Impacts of EMIR review proposal
ID 21970
In the context of the EMIR review proposal, ABBL welcomes the European Commission’s efforts to increase the competitiveness of the European Central Clearing Framework (CCP). The 3 main impacts of these efforts on ABBL members, hence on professionals in Luxembourg’s banking sector in general, have been identified as follows: Impact 1: Active Accounts – Financial counterparties will be required to have an active account ...
[ESMA91-398-6389 ] MoU between ESMA and SFC related to CCPs established in Colombia
ID 21877
The European Securities and Markets Authority, ESMA, has published a Memorandum of Understanding (MoU) concluded between itself and the Superintendencia Financiera de Colombia (SFC), as regards the supervision of Colombian central counterparties (CCPs). Therein, the regulators agree to closely cooperate on such supervision and exchange information on counterparties that are applying or have already applied for third-country recognition in the European Union or that ...
[ESMA70-152-348] List of third-country CCPs recognised to offer services and ...
ID 21874
On 10 February 2023, the European Securities and Markets Authority, ESMA, has published an updated list of third-country central counterparties (CCPs) which are recognized to offer clearing services and perform activities in the European Union in accordance with Article 25 of the European Market Infrastructure Regulation (EMIR). The list also includes a table of classes of financial instruments by each counterparty which are covered ...
New consolidated version: Commission Delegated Regulation (EU) 2016/1178 of 10 June ...
ID 21866
A new consolidated version of Commission Delegated Regulation (EU) 2016/1178 setting out the classes of OTC swaps, forward rate agreements, and counterparties subject to the central clearing requirement was published in the Official Journal (OJ) of the EU. The consolidated version contains the most recent amendment to the Delegated Regulation made by Commission Delegated Regulation (EU) 2023/315 which extended the exemption from central clearing ...
Commission Delegated Regulation (EU) 2023/315 of 25 October 2022 amending the ...
ID 21860
New Commission Delegated Regulation (EU) 2023/315 as regards the extension of the exemption from central clearing requirements for certain intragroup derivative contracts was published in the Official Journal (OJ) of the EU. Specifically, the Delegated Regulation modifies the following three regulations, all setting out derivative clearing obligations under the European Market Infrastructure Regulation (EMIR), to extend the temporary clearing exemption for derivative contract ...
Commission Delegated Regulation (EU) 2023/314 of 25 October 2022 amending the ...
ID 21852
New Commission Delegated Regulation (EU) 2023/314 as regards the extension of the exemption from margin requirements for certain intragroup derivative contracts was published in the Official Journal (OJ) of the EU. Specifically, the Delegated Regulation modifies Commission Delegated Regulation (EU) 2016/2251, a Delegated Regulation under the European Market Infrastructure Regulation (EMIR), to extend the temporary exemption from margin requirements for OTC derivative contract ...