Page 37 - 期货和衍生品行业监管动态（2022年6月）

期货和衍生品行业监管动态

双边保证金授权条例（bilateral margin Delegated Regulation）和清算义务授

权条例（clearing obligation Delegated Regulations）首次在与第三国集团实体签订

的集团内部合约上引入了临时豁免制度，以完善集团的集中风险管理程序。这些
豁免制度提供了一个与 EMIR 永久豁免框架下相关等效性决定的评估期并行的

临时解决方案。

ESAs 认为，对 EMIR 中与第三国签订合同的集团内部豁免框架及其与《资

本要求条例》（Capital Requirements Regulation, CRR）的相互作用进行审查是可

取的，即将进行的 EMIR 审查提供了这一机会。由于目前的临时豁免制度将于

2022 年 6 月 30 日到期，为避免产生任何负面影响，RTS 草案提议将临时制度延

长三年。

下一步

ESAs 现已经将这些 RTS 草案提交至欧盟委员会进行批准，之后，欧洲议会

和欧盟理事会将进行无异议处理。

考虑到批准流程所需要的时间，ESAs 已就这段期间的相关情况发表声明。

12. ESAs Propose Extending Temporary Exemptions Regime for Intragroup

Contracts During EMIR Review (2022/6/13)

The European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) today

published a final report with draft regulatory technical standards (RTS) proposing to

amend the Commission Delegated Regulation on the risk mitigation techniques for

over-the-counter (OTC) derivatives not cleared by a Central Clearing Counterparty

(CCP) under the European Market Infrastructure Regulation (EMIR).

The draft RTS propose extending the current temporary exemptions regime for

intragroup contracts by three years. This will accommodate the ongoing assessment of

third-country equivalence and allow for a review of the intragroup exemptions
framework under the EMIR review.

ESMA also published a final report with a new draft RTS proposing to amend

accordingly the three Commission Delegated Regulations on the clearing obligation

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