Escape from Emir? Not so fast, swaps users

Emir Refit, which seemed to promise reporting relief for corporate users, is not a master key

Houdini would be spinning in his many-padlocked tomb.

European corporate treasurers should have had an easy escape from derivatives reporting rules this year, when legislators appeared to hand them the keys. But today, they find themselves still shackled to the burden of reporting – even if it is a slightly lighter version.

EU parties to derivatives trades are generally required by the European Market Infrastructure Regulation (Emir) to report transaction details to a trade repository. But, as

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here