Compromise on reform of EMIR

The reform of the EMIR Regulation becomes more likely. Already in May 2017, the EU Commission submitted a proposal to revise the EMIR Regulation. The aim of the reform is to make the provisions on derivatives more proportionate. EMIR was introduced after the financial crisis in order to manage and monitor the risks arising from derivatives markets for financial stability.

The EU Parliament and the member states have now agreed on a compromise - technical details all institutions can officially vote on are going to follow. As always, you will find these on our hub.

For further details on the current compromise, please refer to the press release of the EU Commission.