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Clifford Chance

Clifford Chance


EMIR REFIT: New EU and UK Rules for Reporting Derivatives

8 June 2023

New reporting rules will apply to EU and UK counterparties from 2024 for both new and outstanding derivatives transactions.

All counterparties will need to consider the impact of these new rules on their reporting arrangements, including possible changes to reporting systems, reporting agreements and internal procedures for identifying, remediating and notifying regulators of reporting errors.

For further information and resources on EMIR, see the Topic Guide on the Clifford Chance Financial Markets Toolkit.

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