03.05.2021 / 10:08
EMIR vs. REMIT in a Nutshell
Financial Markets
Simply Explained and Summarized
In consequence of the 2008 financial crisis, the G20 Pittsburgh summit 2009 agreed to stronger regulate OTC derivative markets in order to reduce systemic risk.
EMIR (European Market Infrastructure Regulation) the European implementation is based on the key pillars clearing, reporting and margining.
We took a closer look at these pillars and draw a comparison to the energy markets regulation REMIT (Regulation on Wholesale Energy Market Integrity and Transparency). Attention: The COVID-19 pandemic clearly left its mark.