EMIR Clearing: Pension Scheme Arrangements Get Two-Year Reprieve

Pension Scheme Arrangements (“PSAs”) are exempt from the EMIR clearing obligation until 16 August 2017. This follows the entry into force, on 16 September 2015, of Commission Delegated Regulation (EU) 2015/1515 amending EMIR as regards the extension of the transitional periods related to PSAs.

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