European Market Infrastructure Regulation
E513403
The European Market Infrastructure Regulation is an EU legislative framework that increases transparency and reduces systemic risk in over-the-counter derivatives and other financial markets through central clearing, reporting, and risk mitigation requirements.
Observed surface forms (2)
| Surface form | Occurrences |
|---|---|
| EMIR | 1 |
| European Market Infrastructure Regulation CCP | 1 |
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
European Union regulation
ⓘ
derivatives regulation ⓘ financial regulation ⓘ |
| abbreviationOf | Regulation (EU) No 648/2012 NERFINISHED ⓘ |
| aimsTo |
improve market stability
ⓘ
increase transparency in derivatives markets ⓘ reduce systemic risk ⓘ |
| alsoKnownAs | EMIR Regulation NERFINISHED ⓘ |
| appliesTo |
central counterparties
ⓘ
exchange-traded derivatives ⓘ over-the-counter derivatives ⓘ trade repositories ⓘ |
| complements |
Markets in Financial Instruments Directive
NERFINISHED
ⓘ
Markets in Financial Instruments Regulation NERFINISHED ⓘ |
| defines | clearing thresholds for non-financial counterparties ⓘ |
| empowers | European Securities and Markets Authority NERFINISHED ⓘ |
| enteredIntoForce | 2012 ⓘ |
| establishes |
authorization regime for central counterparties
ⓘ
supervisory framework for trade repositories ⓘ |
| hasAcronym | EMIR NERFINISHED ⓘ |
| implements | G20 commitments on OTC derivatives reform ⓘ |
| imposesObligationsOn |
central counterparties
ⓘ
financial counterparties ⓘ non-financial counterparties ⓘ trade repositories ⓘ |
| jurisdiction | European Union ⓘ |
| language | English ⓘ |
| legalBasis | Article 114 of the Treaty on the Functioning of the European Union NERFINISHED ⓘ |
| monitoredBy |
European Commission
NERFINISHED
ⓘ
European Securities and Markets Authority NERFINISHED ⓘ |
| policyArea | capital markets union ⓘ |
| region | European Economic Area NERFINISHED ⓘ |
| requires |
central clearing of standardized OTC derivatives
ⓘ
dispute resolution procedures for OTC derivatives ⓘ margin requirements for non-centrally cleared derivatives ⓘ portfolio compression ⓘ portfolio reconciliation ⓘ public reporting of aggregate positions by trade repositories ⓘ reporting of derivatives contracts to trade repositories ⓘ risk mitigation techniques for non-centrally cleared derivatives ⓘ robust risk management by central counterparties ⓘ segregation and portability of client assets at CCPs ⓘ timely confirmation of OTC derivative contracts ⓘ |
| sector | financial markets ⓘ |
| targets | systemically important derivatives activities ⓘ |
| wasAmendedBy |
EMIR 2.2
NERFINISHED
ⓘ
EMIR Refit NERFINISHED ⓘ Regulation (EU) 2019/834 NERFINISHED ⓘ |
Referenced by (4)
Full triples — surface form annotated when it differs from this entity's canonical label.
European Securities and Markets Authority
→
appliesRegulation
→
European Market Infrastructure Regulation
ⓘ
this entity surface form:
EMIR
this entity surface form:
European Market Infrastructure Regulation CCP