Regulatory Alerts2025-06-25
Added · Updated
EMIR Risk Mitigation Techniques for Bilateral OTC Derivative Settlement
Banks, insurers, reinsurers, pension funds, and premium pension institutions must notify DNB monthly of unconfirmed OTC derivative transactions outstanding for more than five business days. These entities are also required to report disputes with counterparties regarding valuation or collateral exchange if the dispute value is at least €15 million and remains unresolved after fifteen business days. Additionally, financial and non-financial counterparties subject to initial margin exchange requirements must apply for a license for any changes to their existing initial margin models, including recalibrations, as soon as possible after such changes occur.
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