July 07, 2016 BY Valentina Kirilova
ESMA issues opinions on Swedish Pension Scheme to be exempt from Central Clearing under EMIR
The European Securities and Markets Authority (ESMA) has today issued an opinion regarding the exemption of a Swedish 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…
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