ESMA_QA_2050
19/12/2023
Subject Matter
Hedging definition and virtual power purchase agreements
Original question
Can virtual power purchase agreements be considered as “risk reducing transactions” under EMIR?
Status: Question Published
Additional Information
Level 1 Regulation
European Market Infrastructure Regulation (EMIR) Regulation (EU) No 648/2012- PTR- Derivatives
Level 2 Regulation
Regulation 149/2013 on indirect clearing arrangements, the clearing obligation, the public register, access to a TV, non-financial ctps, and risk mitigation for OTC derivatives not CCP cleared
Additional Legal Reference
Article 10(3)(1) of EMIR and Article 10 of Commission Delegated Regulation (EU) No 149/2013
Topic
OTC Derivatives questions - Other