Regulation on OTC derivatives, central counterparties and trade repositories

This procedure establishes detailed technical rules to supplement the existing framework for over-the-counter (OTC) derivatives. It aims to reduce systemic risk in the financial system by improving the transparency and safety of how these complex financial contracts are traded and reported.

This affects financial institutions, investment firms, and trade repositories. It changes how financial data is reported and how central counterparties manage risks to prevent a market collapse.