Contracts-For-Difference.com > News > Industry News > Europe, OTC Derivatives Regulation Under EMIR

Europe, OTC Derivatives Regulation Under EMIR

The impending European Union rules governing over-the-counter derivatives, central counterparties and trade repositories (EMIR) targets to adopt the G20 commitment to oblige clearing of standardised OTC derivative transactions by central counterparties by the end of this year.

The impending European Union rules governing over-the-counter derivatives, central counterparties and trade repositories (EMIR) targets to adopt the G20 commitment to oblige clearing of standardised OTC derivative transactions by central counterparties by the end of this year. While European Union directives are planned to be in operation by the end of 2012, there will still be a number of steps that need to happen before market participants are subjected to a clearing mandate.

Clifford Chance LLP has drafted a briefing detailing these measures and setting out an tentative timeline showing the path to mandatory clearing in the European Union.

The update from Clifford Chance LLP can be found here [PDF format]

About the author

CFD Trader

Andy

Andy brings 25 years of trading experience, fueled by a passion for shares trading, CFD trading, and options. Over the years, he has navigated the highs and lows of the financial markets, refining his skills and strategies. His journey is a testament to resilience, discipline, and the pursuit of knowledge, which he now shares to help others succeed in the dynamic world of trading.

Leave a Comment

Trade the markets with Trade Nation! Trade Nation offer tight spreads on thousands of markets. You can trade on a fast web platform or MT4 or via Trading View! Trade responsibly: Your money is at risk. 81.7% of retail investor accounts lose money when trading CFDs and spread bets with this provider.