Clifford Chance

EMIR: When are exemptions available for intragroup transactions?

11 December 2013

The EU regulation on OTC derivatives, central counterparties and trade repositories (EMIR) provides exemptions from the clearing obligation and the margining obligation for certain intragroup transactions. Clifford Chance has produced flowcharts to assist in analysing when the exemptions are available and, if so, the process that must be followed in order to rely on them.

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