EU EMIR definition

EU EMIR means the EU Regulation specified in Part 4 of the Schedule to the Regulations under the heading “European Markets Infrastructure Regulation”;
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EU EMIR means the EU Regulation specified in Part 4 of the Schedule to the Regulations under the heading “European Markets Infrastructure Regulation”, as it forms part of domestic law by virtue of section 3 of the 2018 Act;
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EU EMIR means Regulation (EU) 648/2012 of the European Parliament and of the Council on OTC derivatives, central counterparties and trade repositories dated 4 July 2012, as amended by Regulation (EU) 2019/834 of the European Parliament and of the Council dated 20 May 2019 (including, without limitation, any associated regulatory technical standards and advice, guidance or recommendations from relevant supervisory regulators);
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Examples of EU EMIR in a sentence

  • If the Issuer's counterparty status as an NFC- changes then the Issuer may become subject to greater obligations under EU EMIR including the Clearing Obligation (as such term is defined below).

  • Lower capital requirements for cleared trades are only available if the central counterparty is recognised as a 'qualifying central counterparty', which has been authorised or recognised under EMIR (in accordance with related binding technical standards).Pursuant to EMIR, counterparties can be classified as: (i) financial counterparties ("FCs") (which, following changes made by EU EMIR Refit 2.1, includes a sub-category of small FCs ("SFCs")), and(ii) non-financial counterparties ("NFCs").

  • EU EMIR and the requirements under it impose certain obligations on parties to "over the counter" derivative contracts including (i) a mandatory clearing obligation for certain standardised OTC derivatives contracts, (ii) a margin posting obligation for OTC derivatives contracts not subject to clearing, (iii) other risk-mitigation techniques for OTC derivatives contracts not cleared by a central counterparty, and (iv) certain reporting and record-keeping requirements.

  • No assurances can be given that any future changes to EU EMIR would not cause the status of the Issuer to change and lead to an increased regulatory burden on the Issuer in respect of its hedging arrangements.

  • As previously flagged, several respondents indicated that ongoing costs relating to Proposal 1A would increase significantly if UK EMIR diverged materially from EU EMIR and the proposals ESMA published in its December 2020 final report.

  • Following the UK’s exit from the EU, and the end of the Transition Period, we have on shored the EU EMIR reporting requirements, making changes only where necessary to allow the Regulation to function in a UK context.

  • This G20 recommendation was originally implemented for UK counterparties through legislation under the EU European Market Infrastructure Regulation (EU EMIR).

  • However, while UK EMIR will be most important to the Clearing House, the third-country CCP provisions in EU EMIR will continue to apply to the Clearing House and certain other sections of the remainder of EU EMIR may be relevant to the extent necessary to retain the Clearing House’s recognition by ESMA under the Commission Decision determining, for a limited period of time, the UK’s regulatory framework for CCPs to be equivalent (Commission Implementing Decision (EU) 2020/1308 of 21 September 2020).

  • The PRA proposes to exercise the power in regulation 3 of the Regulations to modify the EU EMIR.

  • Feedback from industry supports this assumption, indicating that there are synergies with the implementation of the proposals presented in this consultation and work already underway or likely required to implement ESMA’s proposed changes to the EU EMIR derivatives reporting regime.


More Definitions of EU EMIR

EU EMIR means Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC Derivatives, Central Counterparties, and Trade Repositories, as amended from time to time
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EU EMIR means the Regulation (EU) No 648/2012 of the European Parliament and the Council of 4 July 2012 on OTC Derivatives, Central Counterparties and Trade Repositories (as amended, varied or supplemented from time to time) and any technical guidelines and regulatory technical standards, further regulations, official guidance or official rules of procedures with respect thereto;
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EU EMIR means Regulation (EU) No 648/2012 of the European Parliament and of the Council on OTC derivatives, central counterparties and trade repositories;
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Related to EU EMIR

  • Arbitral award or decision means an arbitrator or arbitral panel determination that a labor law violation occurred, or that enjoined or restrained a violation of labor law. It includes an award or decision that is not final or is subject to being confirmed, modified, or vacated by a court, and includes an award or decision resulting from private or confidential proceedings. To determine whether a particular award or decision is covered by this definition, it is necessary to consult section II.B. in the DOL Guidance.

  • RSU means a contractual right granted pursuant to Section 9 that is denominated in Shares. Each RSU represents a right to receive the value of one Share (or a percentage of such value) in cash, Shares or a combination thereof. Awards of RSUs may include the right to receive dividend equivalents.

  • RSU Award Agreement means a written agreement between the Company and a holder of a RSU Award evidencing the terms and conditions of a RSU Award grant. The RSU Award Agreement includes the Grant Notice for the RSU Award and the agreement containing the written summary of the general terms and conditions applicable to the RSU Award and which is provided to a Participant along with the Grant Notice. Each RSU Award Agreement will be subject to the terms and conditions of the Plan.

  • Performance Award Formula means, for any Performance Award, a formula or table established by the Committee pursuant to Section 10.3 which provides the basis for computing the value of a Performance Award at one or more levels of attainment of the applicable Performance Goal(s) measured as of the end of the applicable Performance Period.

  • RSU Plan means the restricted share unit plan for senior officers, employees and consultants adopted in November of 2008 by Jaguar, as amended from time to time;

  • RSUs means that number of Restricted Stock Units listed in the Award Notice as “Restricted Stock Units Granted.”

  • Performance Goal means a performance goal established by the Committee pursuant to Section 10.3.

  • PSU means Public Sector Undertaking

  • Objective medical evidence means reports of examinations or treatments; medical

  • Selection Criteria means and includes all of the requirements, considerations,

  • Final Award means, in the context of this Request for Proposals and all its attendant documents, that point at which the final required signature on the contract(s) resulting from the procurement has been affixed to the contract(s) thus making it fully executed.

  • Number of Students Who Began Program means the number of students who began the program who are scheduled to complete the program within the reporting calendar year.

  • Award Letter means the letter from the Customer to the Supplier printed above these terms and conditions;

  • Term Benchmark when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Adjusted Term SOFR Rate.

  • Eligibility and selection criteria means criteria for determining:

  • Covered Employees has the meaning set forth in Section 5.11(a).