ARTICLE
25 September 2012

Many New Requirements For The Trade In OTC Derivatives

DB
De Brauw Blackstone Westbroek N.V.

Contributor

De Brauw Blackstone Westbroek is a leading international law firm, trusted by clients for over 150 years due to its deep engagement with their businesses and a clear understanding of their ambitions. While rooted in Dutch society, the firm offers global coverage through its network of top-tier law firms, ensuring seamless, tailored legal solutions. De Brauw’s independence enables it to choose the best partners while remaining a trusted, strategic advisor to clients worldwide.

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Parties looking to conclude OTC derivatives contracts (derivatives that are traded outside regulated markets) will face many new requirements due to the recently adopted EMIR Regulation.
Netherlands Finance and Banking

Parties looking to conclude OTC derivatives contracts (derivatives that are traded outside regulated markets) will face many new requirements due to the recently adopted EMIR Regulation. Requirements include central clearing for specified contracts and posting collateral (margin) at the central counterparty. Which contracts will be designated as 'specified contracts' is yet to be determined. Parties that are not subject to the central clearing obligation are required to adopt risk mitigating techniques, as specified in the Regulation

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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