Clifford Chance
Documentation Impact of EMIR Client Clearing for Funds and Asset Managers
3 July 2014
One of the milestones in the implementation of Europe's derivatives reforms will be the introduction of EMIR's first clearing obligation, which will require certain OTC derivatives to be cleared through a clearing house, probably from early 2015. Funds and asset managers which will be subject to EMIR's clearing obligation should be preparing now.
Clifford Chance has prepared a briefing note explaining the clearing obligation's relevance to funds and asset managers and the documentation impact that it will have.
