Responses to ESMA Consultation Paper on EMIR Clearing Obligation

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On September 17, the European Securities and Markets Authority (ESMA) published responses to its July 2013 consultation paper on draft regulatory technical standards (RTS) on contracts having a direct, substantial and foreseeable effect within the EU and on the non-evasion of provisions of EMIR (Regulation 648/2012). Responses. Consultation Paper.


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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