August 03, 2016 BY Valentina Kirilova

ESMA: Opinion on Danish pension scheme to be exempt from central clearing under EMIR

The European Securities and Markets Authority (ESMA) has issued an opinion regarding the exemption of a Danish pension scheme from the obligation to centrally clear OTC derivative contracts under the European Market Infrastructure Regulation (EMIR). Pension scheme arrangements meeting certain criteria were granted a transitional exemption from the clearing obligation under EMIR. Some pensions schemes…

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