On 13 May 2014, the regulation setting out implementing technical standards (“ITS”) for the hypothetical capital of a central counterparty (“CCP”) under the European Market Infrastructure Regulation (“EMIR”) was published in the  Official Journal of the EU. The ITS provide the frequency, dates of the calculation and format of reporting by CCPs of information on the derivatives it clears for all its clearing members covered by its default fund. The requirements under the ITS apply from 2 June 2014 except for the higher frequency reporting requirements that may be imposed by national regulators during stress situations, which will apply from 1 January 2015.

http://eur-lex.europa.eu/legal- content/EN/TXT/PDF/?uri=OJ:JOL_2014_138_R_0007&from=EN.