Tag: risk mitigation techniques for non-cleared OTC derivatives
Non-cleared margin rules- EC finger officially removed
As expected the European Commission has today adopted the EMIR non-cleared margin RTS. The adoption is in the form of a Delegated Regulation which will be subject to an objection period by the Parliament and the Council. While both bodies are entirely capable of lodging late-stage objections, as evidenced by the recent PRIIPS paralysis, such […]
EU non-cleared fog begins to clear
On 28 July 2016 the EC published a letter to the Joint Committee of the European Supervisory Authorities (ESAs), stating that it will endorse a revised text [1] of the RTS on risk mitigation techniques for non-cleared OTC derivatives Article 11(15) of EMIR. The market has been on tenterhooks since 9 June 2016 when the Commission announced that it would […]