Esma exemption provides corporate relief

Concept image of a crowd with single blue person

Corporate treasurers have expressed relief at a clearing exemption within draft technical standards for the regulation of over-the-counter derivatives, published by the European Securities and Markets Authority (Esma) on June 25 – but continue to worry about the margin requirements for uncleared trades.

The consultation paper expands on the criteria for the exemption, first detailed in a discussion paper released on February 16. It states that an OTC derivatives contract entered into by a non

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: