Chapter 1 - European Market Infrastructure Regulation

Question 1

To what instruments does EMIR apply to?

Answer 1

OTC derivative contracts

Question 2

What did EMIR introduce?

Answer 2

1. Central clearing for OTC derivatives trades
2. Reporting of OTC derivatives trades to Trade Repositories
3. Application of organisational, conduct of business and prudential requirements for CCPs
4. Requirements for TRs to make data available to the public and authorities