The European Commission has published an addendum to the draft RTS on margin requirements for uncleared OTC derivatives under Article 11(15) of EMIR. The Commission's intention is to have the first wave of the initial margin requirements applied from the date one month after the date the RTS enter into force. However, the Commission notes that the reading of the interaction of paragraph 1 with the other paragraphs in Article 36 is not clear. As a result, it considers that the revisions set out in the addendum are necessary.