EMIR Refit proposals: impact on corporate end-users
September 28, 2017
The ACT, under the auspices of the EACT, together with other corporate end-user associations, has issued a position paper outlining the priorities from the end user perspective for the EMIR REFIT review.
Key areas include:
• maintaining the commercial hedging exemption,
• amending the proposed reporting structure, and
• extending the proposed asset class by asset class assessment of the clearing obligation to bilateral margin requirements.
The EACT press release can be found here.
Note: The ACT works within the auspices of the EACT to represent members’ views in Europe and more widely.