Tag: IRS
EU Commission Approves IRS Clearing Under EMIR
The EU Commission has today adopted delegated legislation mandating the central clearing of certain interest rate swaps (IRS). The mandate covers IRS denominated in EUR, GBP, JPY and USD in the form of: Fixed-to-float IRS; Float-to-float IRS; Forward rate agreements (“FRA”); and Overnight index swaps (“OIS”). (“Covered Transaction Types”). Certain Covered Transaction Types executed in […]