EMIR II: EU Council Presidency publishes compromise text

03/10/2017 | Clifford Chance

The EU Council Presidency has published a compromise text for the proposed regulation amending the European Market Infrastructure Regulation (EMIR) as regards the clearing obligation, the suspension of the clearing obligation, the reporting requirements, the risk-mitigation techniques for OTC derivatives contracts not cleared by a central counterparty, the registration and supervision of trade repositories and the requirements for trade repositories.