ESMA adds credit derivatives to Public Register for clearing obligation under EMIR
The European Securities and Markets Authority (ESMA) has published today an updated Public Register for clearing obligations under EMIR.
Today’s update concerns the addition of credit derivatives, notably for iTraxx main and iTraxx crossover contracts, to the clearing obligation. The public register lists the derivatives that have to be centrally cleared under the European Markets Infrastructure Regulation (EMIR). Credit derivatives will have to be centrally cleared following the publication of the relevant EMIR technical standard in the Official Journal of the European Union.