EMIR and Release: Difference between pages

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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.
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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:
To relinquish an interest or claim to a piece of property.


• Central clearing and margining of standardised OTC derivatives (with certain exemptions for Non-Financial Counterparties)


• Reporting of all derivative transactions to a trade repository
2.


• Risk mitigation measures for all non cleared derivatives including collateral exchange and  confirmation and reconciliation procedures
In relation to information, to make the information available.




== See also ==
==See also==
* [[ESMA]]
*[[Disclosure]]
* [[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 12:30, 13 May 2016

1.

To relinquish an interest or claim to a piece of property.


2.

In relation to information, to make the information available.


See also