ESMA publishes updated Q&As on the implementation of EMIR
The European Securities and Markets Authority (ESMA) has today issued the 12th update of its Q&A document on the implementation of the European Markets Infrastructure Regulation (EMIR). The Q&As provide answers and guidance related to questions received regarding the implementation of EMIR.
This update includes further guidance on:
- the authorisation of CCP services;
- the clearing obligation;
- the Regulatory Technical Standards (RTS) on direct, substantial and foreseeable effect of contracts within the Union;
- Intragroup transactions (articles 3, 4(2), 11(6), 11(10) of EMIR.
The document is available via this link.