EMIR and Pip: Difference between pages

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imported>Doug Williamson
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''Financial markets - regulation - infrastructure.''
1.  


The European Market Infrastructure Regulation (EMIR) became law within the European Union in 2012, although certain of its requirements came into force only after a period of delay.
The most junior digit in a foreign currency quotation.


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. 


2.


The Regulation is designed to achieve this objective by three significant requirements for:
More generally, a minimum price movement for any quoted instrument or asset.
 
#Central clearing and margining of standardised OTC derivatives (with certain exemptions for Non-Financial Counterparties)
#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




== See also ==
== See also ==
* [[AIFMD]]
* [[Basis point]]
* [[Buy-side firm]]
* [[Central counterparty]]  (CCP)
* [[CFTC]]
* [[Clearing]]
* [[Central securities depository]]  (CSD)
* [[Derivative instrument]]
* [[Dodd-Frank]]
* [[Dual reporting]]
* [[European Securities and Markets Authority]]  (ESMA)
* [[European Union]]
* [[FATCA]]
* [[FC]]
* [[Infrastructure]]
* [[Know-your-customer]]
* [[Legal entity identifier]]
* [[Margining]]
* [[MiFID]]
* [[MiFID II]]
* [[NFC]]
* [[Over the counter]]  (OTC)
* [[Pension Scheme Arrangement]]
* [[Regulation]]
* [[Regulatory Technical Standard]]  (RTS)
* [[Securities and Exchange Commission]]  (SEC)
* [[Trade repository]]
* [[UK EMIR]]
* [[UTI]]
* [[WGMR]]
 
 
==External link ==
*[https://www.fca.org.uk/markets/uk-emir UK EMIR - Financial Conduct Authority]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:Corporate_financial_management]]
[[Category:Risk_frameworks]]

Revision as of 13:30, 21 August 2013

1.

The most junior digit in a foreign currency quotation.


2.

More generally, a minimum price movement for any quoted instrument or asset.


See also