ESMA published the responses received to the consultation on amendments to the EMIR Clearing Obligation under the Securitization Regulation. ESMA published the responses received from six entities. The consultation was launched in May 2018 by the ESAs and comments deadline was June 15, 2018. The consultation paper on the draft regulatory technical standards on the clearing obligation clarified which arrangements under covered bonds or securitizations adequately mitigate counterparty risk and, thus, may benefit from an exemption from the clearing obligation.
Related Link: Consultation and Responses
Keywords: Europe, EU, Banking, Securities, Insurance, Regulatory Technical Standards, Securitization Regulation, EMIR, Clearing Obligation, Responses to Consultation, ESAs, ESMA
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