Regulation on indirect clearing arrangements, the clearing obligation and the public register, etc

This regulation provides detailed technical standards to support the existing framework for central clearing of derivatives. It aims to ensure financial stability by clarifying how clearing obligations are met and how the public register of derivatives is maintained to increase market transparency.

This affects financial institutions, investment firms, and clearing houses. It specifically clarifies the rules for 'indirect clearing,' where a client uses an intermediary to access a central counterparty.