From ACT Wiki
(Difference between pages)
imported>Doug Williamson |
imported>Doug Williamson |
| Line 1: |
Line 1: |
| European Market Infrastructure Regulation<ref>http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2012:201:0001:0059:EN:PDF</ref> (EMIR) came into force as binding law within the European Union in 2012, although certain of its requirements came into force after a period of delay.
| | Liquid Assets Buffer. |
|
| |
|
| The objective of EMIR is to reduce the risks posed to financial systems from the vast web of [[Over the counter]] (OTC) derivative transactions and the contingent large credit exposures that may arise as a consequence. The Regulation achieves this object by three significant requirements for:
| |
|
| |
|
| • Central clearing and margining of standardised OTC derivatives (with certain exemptions for Non-Financial Counterparties)
| | ==See also== |
| | | *[[Buffer]] |
| • Reporting of all derivative transactions to a trade repository
| | *[[Liquidity Coverage Ratio]] |
| | |
| • Risk mitigation measures for all non cleared derivatives including collateral exchange and confirmation and reconciliation procedures
| |
| | |
| | |
| == See also == | |
| * [[ESMA]] | |
| * [[MiFID]]
| |
| * [[Trade repository]]
| |
| * [[Legal entity identifier]]
| |
| * [[AIFMD]]
| |
| * [[CCP]]
| |
| * [[CSD]]
| |
| * [[FC]]
| |
| * [[NFC]]
| |
| * [[RTS]] | |
| * [[UTI]]
| |
| | |
| | |
| == Other links ==
| |
| [http://www.treasurers.org/otc ACT briefing note: European regulation of OTC derivatives: Implications for non-financial companies, April 2013 ]
| |
| | |
| [http://www.treasurers.org/node/9344 EMIR edges near, The Treasurer, September 2013]
| |
| | |
| [http://www.treasurers.org/node/9406 Frequently Asked Questions for non financial counterparties - updated December 2013]
| |
| | |
| [http://www.treasurers.org/node/9873 Companies hope for relief from EMIR, Sally Percy, The Treasurer, February 2014]
| |
| | |
| | |
| ==References==
| |
| <references />
| |
| | |
| [[Category:Capital_Markets_and_Funding]]
| |
| [[Category:Managing_Risk]]
| |
Revision as of 14:38, 12 August 2016
Liquid Assets Buffer.
See also
