On 21st May 2014, the European Securities and Markets Authority published the 8th updated Q&A regarding the implementation of the European Market Infrastructure Regulation (Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories entered into force on 16 August 2012) (“EMIR”).
The Q&A’s purpose is to promote common supervisory approaches and practices in the application of EMIR. It provides responses to questions posed by the general public, market participants and competent authorities. The Q&As are aimed at national competent authorities to ensure convergent supervisory activities. It should also help investors and other market participants by providing clarity on the requirements under EMIR.
For more information, you may access the updated Q&A on http://www.esma.europa.eu/system/files/2014-550.pdf or contact us on email@example.com.