ESMA updates its EMIR Q&As

26 September 2018

The purpose of these Q&As is to promote common supervisory approaches and practices in the application of EMIR.

The updated Q&A includes a clarification on access models at European central counterparties (CCPs), and specifically models that typically aim at facilitating buy-side or small participant access to CCPs and allowing better capital treatment for clearing members.

A new Q&A has also been added to the trade repositories section of the document explaining how a reporting counterparty should report an FX swap derivative under Article 9 of EMIR. This specific Q&A should be implemented in 12 months after its publication. 

Full Q&As

 


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