CDR 2022/1855

  • EMIR PTRR Exemption: ESMA’s Final Draft RTS for Clearing-Exempt Trades

    On 20 October 2026 ESMA published its final report ESMA74-1049116226-981, which contains the draft regulatory technical standards that specify when transactions from post-trade risk reduction (PTRR) services qualify for the EMIR PTRR exemption from the clearing obligation under Article 4b of EMIR. The report records that ESMA submitted it to the European Commission on 9…