Clifford Chance
EMIR: illustrative implementation timeline – update
20 June 2013
The implementation timetable for the EU derivatives reforms is now taking shape. The EU regulation on OTC derivatives, central counterparties and trade repositories (EMIR) was adopted in July 2012 and the key technical standards specifying the detail of many of the obligations under EMIR came into force in March 2013, although some obligations are deferred or subject to compliance schedules. Clifford Chance has produced an update of its illustrative timeline showing when the obligations under EMIR could begin to apply.
