Final Report on draft RTS on uncleared OTC derivatives

This final report by the European Supervisory Authorities on draft Regulatory Technical Standards (RTS) proposes to simplify the bilateral margin requirements of the European Commission’s Delegated Regulation (EU) 2016/2251. The proposed amendments aim to simplify the bilateral margin framework for counterparties that are subject to initial margin requirements and that are below the €8 billion threshold for exchanging initial margin foreseen by the European Market Infrastructure Regulation (EMIR).