Europejski Urząd Nadzoru Bankowego, Europejski Urząd Nadzoru Giełd i Papierów Wartościowych (European Securities and Markets Authority - ESMA), Europejski Urząd Nadzoru Ubezpieczeń i Pracowniczych Programów Emerytalnych (European Insurance and Occupational Pensions Authority - EIOPA), Sprawozdanie końcowe - Regulacyjne Standardy Techniczne (RTS) wynikające z rozporządzenia w sprawie infrastruktury rynku europejskiego (EMIR) zmieniające wymogi dotyczące depozytów dwustronnych w odniesieniu do kontraktów wewnątrzgrupowych

13 June 2022

ESAs 2022 13

Final Report EMIR RTS amending the bilateral margin requirements with regards to intragroup contracts

1 Executive Summary

Reasons for publication

This final report presents new draft amending regulatory technical standards (RTS) on the risk mitigation techniques for OTC derivative contracts not cleared by a CCP (bilateral margining) that the European Supervisory Authorities (ESAs) have developed under Article 11(15) of EMIR . The draft RTS proposes to amend Commission Delegated Regulation (EU) No 2016/2251 setting out the detailed bilateral margin requirements, with respect to the treatment of OTC derivative contracts concluded between counterparties that are part of the same group and where one counterparty is established in a third country and the other counterparty is established in the Union.

Under EMIR, bilateral margining requirements would apply regarding intragroup contracts with a third-country group entity when no equivalence decision under Article 13...