Consultation paper: Draft Technical Standards for the Regulation on OTC Derivatives, CCPs and Trade Repositories

European Securities and Markets Authority

February 17, 2012

The Regulation of the European Parliament and Council on OTC Derivatives, CCPs and trade repositories (EMIR) introduces provisions to improve transparency and reduce the risks associated with the OTC derivatives market and establishes common rules for central counterparties (CCPs) and for trade repositories (TRs).

Following feedback to this publication, ESMA will prepare draft technical standards to be included in the consultation paper which will most likely be published around summer 2012.