EMIR – Summary Of Key Requirements

The European Markets Infrastructure Regulation¹ (EMIR) introduces requirements aimed at improving transparency and the reduction of risks associated with the derivatives market. EMIR also establishes organisational, conduct of business and prudential standards for central counterparties (CCPs) and trade repositories (TRs).

This Client Alert sets out a basic introduction to the key requirements under EMIR with particular emphasis on those that apply to OTC derivatives. Please click here for an EMIR project planning primer, setting out:

• a bullet point summary of the main obligations under EMIR;
• key milestones; and
• a timeline of suggested actions to help market participants prioritise tasks in preparation for compliance.