Press Release: Commission adopts technical standards for the Regulation on OTC derivatives, central counterparties and trade repositories

The European Commission has adopted nine regulatory and implementing technical standards to complement the obligations defined under the Regulation on OTC derivatives, central counterparties (CCPs) and trade repositories which was adopted on 4 July and entered into force on 16 August 2012. They were developed by the European Supervisory Authorities and have been endorsed by the European Commission without modification.

The adoption of these technical standards finalises requirements for the mandatory clearing and reporting of transactions, in line with the EU's G20 commitment made in Pittsburgh in September 2009.