Summary
The European Parliament decides not to object to new technical standards for managing risks in over-the-counter (OTC) derivative contracts that are not cleared through a central counterparty. 10 26.10.2016
Other
finance
economy
international relations
Key points
- The European Parliament approves new technical standards for managing risks in specific financial contracts.
- These rules specifically target over-the-counter derivatives that are not processed through a central counterparty.
- The standards define how much collateral must be held and how assets should be segregated to mitigate risk.
- This action aligns European Union regulations with international financial stability frameworks established by global bodies.
Documents (PDFs)
RECOMMENDATION FOR A DECISION to raise no objections to the Commission delegated regulation of 4 October 2016 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council on OTC derivatives, central counterparties and trade repositories with regard to regulatory technical standards for risk-mitigation techniques for OTC derivative contracts not cleared by a central counterparty
Non-objection to a delegated act: regulatory technical standards for risk-mitigation techniques for certain OTC derivative contracts
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