The European Market Infrastructure Regulation (‘EMIR’) is a milestone for making Europe’s derivatives markets and the provision of central clearing services safer. EMIR mandates the central clearing of standardized and liquid OTC derivatives contracts and sets out prudential and operational requirements for derivatives transactions.
The Company is required to report every derivative contract (both exchange traded and Over-the-Counter (‘OTC’) derivatives) they enter into within 1 working day from the conclusion, modification or termination of the contract on behalf of their funds under management.
Kindly contact info@24capitalmanagement.com for a full copy of our EMIR Obligations Procedure.
