ESMA_QA_2938
Topic
EU-CCPs
08/10/2026
Subject Matter
AAR representativeness obligation
Question
For the purpose of the AAR representativeness obligation, how should the maturity of trades be calculated, and how should the instruments be assigned to the individual maturity buckets?
Level 1 Regulation
Regulation 648/2012 - OTC derivatives, central counterparties and trade repositories (EMIR) - CCPs
ESMA_QA_2937
Topic
EU-CCPs
08/10/2026
Subject Matter
AAR thresholds caclulation
Question
How should the “notional clearing volume outstanding”, as referred to in Article 7a, paragraph 4 and 8 of EMIR, be calculated?
Level 1 Regulation
Regulation 648/2012 - OTC derivatives, central counterparties and trade repositories (EMIR) - CCPs
ESMA_QA_2936
Topic
EU-CCPs
08/10/2026
Subject Matter
AAR 85% exemption
Question
Should the “one-half” rule set-out under Article 7a(4), subparagraph 5 of EMIR be applied at the level of the classes of derivatives, or across all classes of derivatives?
Level 1 Regulation
Regulation 648/2012 - OTC derivatives, central counterparties and trade repositories (EMIR) - CCPs
ESMA_QA_2891
Topic
48-hour rule
10/07/2026
Subject Matter
Access to dataset for factual error review
Question
When an ESG rating provider notifies an issuer or rated item for the purposes of a fact-checking review, is access to the respective dataset granted only upon request?
Level 1 Regulation
ESGR - Regulation (EU) 2024/3005
ESMA_QA_2890
Topic
48-hour rule
10/07/2026
Subject Matter
Scope of two working day notification period
Question
Do the two full working days encompass the notification to the rated item, the submission of a request for access to the information and the fact-checking review?
Level 1 Regulation
ESGR - Regulation (EU) 2024/3005