Letter on Derogation of EMIR Clearing Obligation for Intragroup Transactions

On June 2, ISDA, the European Banking Federation and FIA wrote to the European Commission (EC) and the European Securities and Markets Authority asking the EC both to expedite equivalence decisions relating to EMIR Article 13 and to extend a derogation from the clearing obligation for cross-border intragroup transactions by a further three years (for transactions where one entity is in a jurisdiction that has not yet been found equivalent). The derogation is set to expire on December 21, 2020. This follows a similar letter (sent on April 30) to the EC and European Supervisory Authorities regarding the expiry of the intragroup derogation regarding cross-border intragroup transactions in contracts that are not subject to the clearing obligation.

Tags:

,

Documents (1) for Letter on Derogation of EMIR Clearing Obligation for Intragroup Transactions

Digital Assets and Derivatives: Where Next?

Digital assets are moving into a phase of institutional integration into derivatives markets. Trading venues, custodial infrastructures and tokenization platforms now exist across both traditional financial markets and public blockchain networks. While this diversity has accelerated innovation and liquidity formation,...

Launch of US Treasury Repo Market Indicators

ISDA has launched the ISDA-Actrix US Treasury Repo Market Clearing Indicators in collaboration with Actrix. The indicators illustrate central clearing adoption in the US Treasury repo market. Sponsored cleared repo volumes are used as a proxy to monitor client participation...