EU Lawmakers Reach Deal To Simplify Derivatives Rules

Law360, London (February 5, 2019, 7:31 PM GMT) -- European lawmakers and member states reached an agreement on Tuesday to reduce costs for derivatives traders and exempt the smallest financial counterparties from having to go through clearing, the European Commission announced.

The European Union's executive arm welcomed the move to update the European Market Infrastructure Regulation, which aims to simplify the huge trade in over-the-counter derivatives while protecting financial stability. The simpler and more proportionate EMIR is expected to save up to €2.6 billion ($3 billion) in operational costs and up to €6.9 billion in one-off costs to the market.

"The European Market Infrastructure Regulation is one of the key...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS