The European Commission published frequently asked questions (FAQs) on 14 November 2012, on the Regulation on OTC derivatives, central counterparties (CCPs) and trade repositories (EMIR) (Regulation 648/2012). The FAQs deal with;

  • The timing for EMIR's obligations to take effect. The scope of EMIR.
  • The position of third country CCPs and trade repositories.

The FAQs will be updated as necessary and interested parties can submit further questions.