Apart from initial margin and default fund contributions, trade exposures – incl. OTC derivatives, made up 57,8 % of the total amount by the end of June 2024.
Apart from initial margin and default fund contributions, trade exposures – incl. OTC derivatives, made up 57,8 % of the total amount by the end of June 2024.
Firms seem to be better prepared for the upcoming UK EMIR Refit, leveraging insights from the European Union’s implementation earlier this year.
Apart from initial margin and default fund contributions, trade exposures – incl. OTC derivatives, made up 57,8 % of the total amount by the end of June 2024.
Starting from the second quarter of next year, banks and asset managers in the EU will need to have active accounts with EU clearing houses for key contracts, aiming to bring euro derivatives clearing under EU supervision.