EMIR and Emissions: Difference between pages

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The European Market Infrastructure Regulation<ref> http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2012:201:0001:0059:EN:PDF</ref> (EMIR) became law within the European Union in 2012, although certain of its requirements came into force only after a period of delay.
1. ''Environmental policy.''


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 large contingent credit exposures that may arise as a consequence.
The release of harmful gases, radiation, or other pollutants into the environment.


Especially carbon dioxide or other greenhouse gases.


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)
2.
#Reporting of all derivative transactions to a trade repository
 
#Risk mitigation measures for all non cleared derivatives including collateral exchange and  confirmation and reconciliation procedures
Anything released from a living or non-living source.




== See also ==
== See also ==
* [[AIFMD]]
* [[Carbon credits]]
* [[Buy-side firm]]
* [[Carbon footprint]]
* [[CCP]]
* [[Carbon-neutral]]
* [[CFTC]]
* [[Carbon tax]]
* [[CSD]]
* [[Corporate social responsibility]]
* [[Dodd-Frank]]
* [[Deforestation]]
* [[Dual reporting]]
* [[Degradation]]
* [[ESMA]]
* [[Emission trading scheme]]
* [[European Union]]
* [[Environmental concerns]]
* [[FATCA]]
* [[Environmental profit and loss]]
* [[FC]]
* [[Footprint]]
* [[Infrastructure]]
* [[Greenhouse gas]]
* [[Know-your-customer]]
* [[Montreal Pledge]]
* [[Legal entity identifier]]
* [[Renewables]]
* [[MCT]]
* [[Science Based Targets initiative]]
* [[MiFID]]
* [[Scope 1 emissions]]
* [[MiFID II]]
* [[Scope 2 emissions]]
* [[NFC]]
* [[Scope 3 emissions]]
* [[RTS]]
* [[Streamlined Energy and Carbon Reporting]]
* [[SEC]]
* [[Zero emissions]]
* [[SSR]]
* [[Trade repository]]
* [[UTI]]
* [[WGMR]]
 
 
 
===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]
 
[https://www.treasurers.org/ACTmedia/EMIR_Consulation_Response_August_2015.pdf ACT's EMIR Consultation Response, August 2015]
 
 
===References===
<references />


[[Category:Corporate_financial_management]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Risk_frameworks]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_reporting]]
[[Category:Technology]]

Revision as of 14:15, 24 April 2022

1. Environmental policy.

The release of harmful gases, radiation, or other pollutants into the environment.

Especially carbon dioxide or other greenhouse gases.


2.

Anything released from a living or non-living source.


See also