ESMA updated its EMIR Q&A on EMIR implementation on 17 February 2016. The updated Q&A clarifies how the clearing obligation should apply to swaps resulting for the exercise of a swaption.
Read the Press Release 'ESMA Updates EMIR Q&A'
ESMA published a list of pension scheme arrangements exempted from the EMIR clearing obligation on a temporary basis on 18 February 2016.
The European Commission implemented a delegated regulation setting out the process and timing for clearing certain Euro denominated credit default swaps on 1 March 2016. A supporting annex was also made available.
The European Securities Agencies published final draft regulatory technical standards for risk-mitigation techniques for OTC derivative contracts not cleared by a central counterparty on 8 March 2016.