Consultation Paper on the clearing and derivative trading obligations in view of the 2022 status of the benchmark transition

ESMA invites comments on all matters in this paper and in particular on the specific questions summarised in Annex 1. Comments are most helpful if they:

- respond to the question stated;

- indicate the specific question to which the comment relates;

- contain a clear rationale; and

- describe any alternatives ESMA should consider.

ESMA will consider all comments received by 30 September 2022.

All contributions should be submitted online at www.esma.europa.eu under the heading ‘Your input - Consultations’.

Who should read this paper?

All interested stakeholders are invited to respond to this consultation paper. In particular, responses are sought from counterparties of OTC derivatives transactions which are subject to the clearing obligation or the derivative trading obligation as well as from CCPs and Trading Venues.