ESMA_QA_2509
Topic
EU-CCPs
04/04/2025
Subject Matter
Active Account Requirement
Question
Should the group level treatment mentioned in Article 7a(2) of EMIR apply to the calculation of both conditions mentioned in Article 7a(1)?
Level 1 Regulation
Regulation 648/2012 - OTC derivatives, central counterparties and trade repositories (EMIR) - CCPs
ESMA_QA_2508
Topic
EU-CCPs
04/04/2025
Subject Matter
Active Account Requirement
Question
Does the group level treatment mentioned in Article 7a(2) of EMIR apply only to groups included in a consolidation in accordance with Directive 2013/36/EU (CRD IV) or should it also include other groups, e.g. entities included in a consolidation in accordance with Directive 2013/34/EU ?
Level 1 Regulation
Regulation 648/2012 - OTC derivatives, central counterparties and trade repositories (EMIR) - CCPs
ESMA_QA_2507
Topic
EU-CCPs
04/04/2025
Subject Matter
Active Account Requirement
Question
How should the percentage of derivative contracts belonging to the categories of derivatives subject to the active account requirement be calculated for the purpose of the exemption mentioned in Article 7a(5) of EMIR?
Level 1 Regulation
Regulation 648/2012 - OTC derivatives, central counterparties and trade repositories (EMIR) - CCPs
ESMA_QA_2506
Topic
EU-CCPs
04/04/2025
Subject Matter
Active Account Requirement
Question
To check whether counterparties are subject to the active account requirement, how should the positions to be compared to the clearing thresholds be calculated?
Level 1 Regulation
Regulation 648/2012 - OTC derivatives, central counterparties and trade repositories (EMIR) - CCPs
ESMA_QA_2502
Topic
Best Execution
03/04/2025
Subject Matter
Assessment of the entity to be considered as the project owner
Question
How should point (h) of Article 2(1) of the ECSPR be applied for the purpose of identifying the project owner?
Level 1 Regulation
Regulation 2020/1503 - European crowdfunding service providers for business