This document is an excerpt from the EUR-Lex website
Document 02017R2417-20220518
Commission Delegated Regulation (EU) 2017/2417 of 17 November 2017 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council on markets in financial instruments with regard to regulatory technical standards on the trading obligation for certain derivatives (Text with EEA relevance)Text with EEA relevance
Consolidated text: Commission Delegated Regulation (EU) 2017/2417 of 17 November 2017 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council on markets in financial instruments with regard to regulatory technical standards on the trading obligation for certain derivatives (Text with EEA relevance)Téacs atá ábhartha maidir leis an LEE
Commission Delegated Regulation (EU) 2017/2417 of 17 November 2017 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council on markets in financial instruments with regard to regulatory technical standards on the trading obligation for certain derivatives (Text with EEA relevance)Téacs atá ábhartha maidir leis an LEE
02017R2417 — GA — 18.05.2022 — 001.001
Is áis doiciméadúcháin amháin an téacs seo agus níl aon éifeacht dhlíthiúil aige. Ní ghabhann institiúidí an Aontais aon dliteanas orthu féin i leith inneachar an téacs. Is iad na leaganacha de na gníomhartha a foilsíodh in Iris Oifigiúil an Aontais Eorpaigh agus atá ar fáil ar an suíomh gréasáin EUR-Lex na leaganacha barántúla de na gníomhartha ábhartha, brollach an téacs san áireamh. Is féidir teacht ar na téacsanna oifigiúla sin ach na naisc atá leabaithe sa doiciméad seo a bhrú
COMMISSION DELEGATED REGULATION (EU) 2017/2417 of 17 November 2017 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council on markets in financial instruments with regard to regulatory technical standards on the trading obligation for certain derivatives (IO L 343 22.12.2017, lch. 48) |
Arna leasú le:
|
|
Iris Oifigiúil |
||
Uimh |
Leathanach |
Dáta |
||
RIALACHÁN TARMLIGTHE (AE) 2022/749 ÓN gCOIMISIÚN an 8 Feabhra 2022 |
L 138 |
4 |
17.5.2022 |
COMMISSION DELEGATED REGULATION (EU) 2017/2417
of 17 November 2017
supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council on markets in financial instruments with regard to regulatory technical standards on the trading obligation for certain derivatives
(Text with EEA relevance)
Article 1
Derivatives subject to the trading obligation
The derivatives set out in the Annex shall be subject to the trading obligation referred to in Article 28 of Regulation (EU) No 600/2014.
A derivative referred to in Table 1, Table 2 and Table 3 of the Annex shall be deemed to have a tenor of 2, 3, 4, 5, 6, 7, 8, 9, 10, 12, 15, 20 or 30 years where the period of time between the date at which the obligations under that contract come into effect and the termination date of that contract equals one of those periods of time, plus or minus 5 days.
Article 2
Dates from which the trading obligation takes effect
The trading obligation referred to in Article 28 of Regulation (EU) No 600/2014 shall, for each category of counterparties referred to in Article 3 of Delegated Regulation (EU) 2015/2205 and Article 3 of Delegated Regulation (EU) 2016/592, take effect from the later of the following dates:
3 January 2018;
the date referred to in Article 3 of Delegated Regulation (EU) 2015/2205 or Article 3 of Delegated Regulation (EU) 2016/592 for that category of counterparties.
Article 3
Entry into force
This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union.
This Regulation shall be binding in its entirety and directly applicable in all Member States.
ANNEX
Derivatives subject to the trading obligation
Table 1
Fixed-to-float interest rate swaps denominated in EUR
Fixed-to-Float single currency interest rate swaps – EUR EURIBOR 3 and 6M |
||
Settlement currency |
EUR |
EUR |
Trade start type |
Spot (T+2) |
Spot (T+2) |
Optionality |
No |
No |
Tenor |
2,3,4,5,6,7,8,9,10,12,15,20,30Y |
2,3,4,5,6,7,10,15,20,30Y |
Notional type |
Constant Notional |
Constant Notional |
Fixed leg |
||
Payment frequency |
Annual or semi-annual |
Annual or semi-annual |
Day count convention |
30/360 or Actual/360 |
30/360 or Actual/360 |
Floating leg |
||
Reference index |
EURIBOR 6M |
EURIBOR 3M |
Reset frequency |
Semi-annual or quarterly |
Quarterly |
Day count convention |
Actual/360 |
Actual/360 |
▼M1 —————
Table 4
Index CDS
Type |
Sub-type |
Geographical zone |
Reference index |
Settlement Currency |
Series |
Tenor |
Index CDS |
Untranched index |
Europe |
iTraxx Europe Main |
EUR |
on-the-run series first off-the-run series |
5y |
Index CDS |
Untranched index |
Europe |
iTraxx Europe Crossover |
EUR |
on-the-run series first off-the-run series |
5y |