Regulation on OTC derivatives, central counterparties and trade repositories (EMIR) (C(2012)9593 and C(2012)9623)

This procedure concerns delegated regulations that supplement the European Market Infrastructure Regulation (EMIR). EMIR aims to increase transparency and reduce risks in the over-the-counter (OTC) derivatives market, making it safer and more stable.

These rules affect financial institutions like banks and investment firms that trade derivatives. They also impact central counterparties and trade repositories, ensuring better oversight and reporting of derivative transactions.