07 December 2016

44975

Retired Member

2,018Posts 6,636,892Views 2,335Comments
Finextra community

Financial Services Regulation

This network is for financial professionals interested in staying up to date on financial services regulation happening anywhere in the world. CFOs, bankers, fund managers, treasurers welcome.

ESMA lists authorised CCPs and OTC subject to clearing

10 April 2014  |  1416 views  |  0

 derivatives which may be subject to the clearing obligation under EMIR

Following the authorisation of Nasdaq OMX Clearing AB as the first EU-based central counterparty (CCP) under the European Markets Infrastructure Regulation (EMIR) on 18 March 2014, the European Securities and Markets Authority (ESMA) has published on its website (under the sub-heading post-trading):  

·         a list of CCPs authorised to offer services and activities in the EU; and

·         a public register for the clearing obligation under EMIR.  

The public register sets out interest rate, debt and equity OTC instruments that Nasdaq OMX Clearing AB has been authorised to clear.  ESMA will now draft regulatory technical standards (RTS) on the clearing obligation if those classes of OTC derivatives meet the criteria defined in EMIR.  The clearing obligation procedure under EMIR is triggered every time a new CCP clearing OTC derivatives is authorised.  This means that if CCPs are authorised on different dates, several clearing obligation procedures may run in parallel.   

Related link:

http://www.esma.europa.eu/page/Registries-and-Databases 

Comments: (0)

Comment on this story (membership required)

Latest posts from Retired

An industry matured: highlights from Mobey Day 2016

18 October 2016  |  953 views  |  0 comments | recomends Recommends 0 TagsRetail bankingInnovation

Reorganising for the Age of Collaboration

27 September 2016  |  2532 views  |  0 comments | recomends Recommends 0

Fintech innovation in the B2B space has only just begun

12 September 2016  |  13653 views  |  1 comments | recomends Recommends 0 TagsPaymentsInnovation

Protecting Data with DLP

23 August 2016  |  5341 views  |  0 comments | recomends Recommends 0 TagsSecurityBrexit

How to end what ails online commerce

22 August 2016  |  4775 views  |  1 comments | recomends Recommends 0 TagsPaymentsTransaction banking

Retired's profile

job title
location
member since 2014
Summary profile See full profile »

Retired's expertise

What Retired reads
Retired writes about

Who's commenting on Retired's posts

Alex Aleksandrovski
Ketharaman Swaminathan
João Bohner
Steven Hatton
Graham Seel
Nikhil Thadani
Gerard Hergenroeder
Konstantin Rabin
Dharmesh Mistry
Matt Schofield
Anna Robert
Ian Davis