EMIR: Clearing Exemption for Pension Scheme Contracts
3 February 2015
Pension schemes are important counterparties for firms active in the EU OTC derivatives market and the EU regulation on OTC derivatives, central counterparties and trade repositories (EMIR) provides a temporary exemption from the clearing obligation for certain contracts entered into by pension scheme arrangements.
Clifford Chance has prepared an update of its briefing discussing the pension scheme exemption under EMIR and how it affects firms dealing with pension schemes.
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