Updated EMIR Q&As regarding AIFs and CCP
On 2 Oct 2017 ESMA has published an updated version of EMIR Q&As.
The update is covering the following:
- If an AIF that is subject to the clearing obligation of Article 4(1) of EMIR in most of the casts it cannot make use of the exemption of intragroup transactions under Article 4(2) of EMIR;
- Ongoing monitoring of collateral requirements for CCPs (under article 46 of EMIR and Article 37 of the RTS on CCP requirements).