EMIR. As per the legislative requirements set in the Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on Over the Counter derivatives (“EMIR”), if it is compulsory for the Company to report all derivative transactions, between the Company and the Client, to a relevant Trade Repository (“TR”), as per EMIR, either directly or through a third-party service provider(s), for the purpose of recording and maintaining the records of derivative transactions. The Client understands and agrees that the competent authorities (European Securities and Markets Authority “ESMA” or other relevant authorities), may receive the confidential information in the exercise of their duties under ▇▇▇▇ and consents that the Company shall not be in a breach of any restrictions on disclosure of information imposed by any agreement or by any legislative, regulatory or administrative provisions, when performing trade reporting. The Client hereby undertakes to inform the Company, in writing, of any changes related to the status of the Client’s account(s) and personal particulars.
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Sources: Client Agreement, Client Agreement