Derivatives regulation in Europe is changing and for many corporate treasurers the relevant requirements are going to become less onerous. The European Market Infrastructure Regulation (648/2012), known as EMIR, is being changed with effect from 17 June 2019 by the EMIR REFIT Regulation. This briefing sets out how the amendments seek to make the regime simpler, reducing the costs and burden of compliance for corporates and other non-financial counterparties (NFCs) and what the key changes will be.
