ESMA - Clearing thresholds under EMIR 3
ESMA published its draft Regulatory Technical Standards (RTS) setting out new and revised clearing thresholds under EMIR 3. The proposed thresholds ensure continuity in the coverage of systemic risk in over‑the‑counter derivative markets while avoiding unnecessary complexity and additional compliance burdens for market participants.
ESMA has submitted the final draft RTS to the European Commission for endorsement, following which they will be subject to adoption.
