ARTICLE
20 January 2025

Pensions Investments: Over-The-counter Derivatives Contracts Under EMIR Exemption Maintained

NR
Norton Rose Fulbright Hong Kong

Contributor

Norton Rose Fulbright provides a full scope of legal services to the world’s preeminent corporations and financial institutions. The global law firm has more than 3,000 lawyers advising clients across more than 50 locations worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg, covering Europe, the United States, Canada, Latin America, Asia, Australia, Africa and the Middle East. With its global business principles of quality, unity and integrity, Norton Rose Fulbright is recognized for its client service in key industries, including financial institutions; energy, infrastructure and resources; technology; transport; life sciences and healthcare; and consumer markets.

HMT has published its response to its earlier call for evidence on the exemption for UK over-the-counter pension fund investments in derivatives from clearing obligations under the European Market.
United Kingdom Employment and HR

HMT has published its response to its earlier call for evidence on the exemption for UK over-the-counter pension fund investments in derivatives from clearing obligations under the European Market Infrastructure Regulation (EMIR). The exemption was due to expire on June 18, 2025, but the decision is that it will now be maintained in the long term.

Secondary legislation will be put in place to ensure the exemption does not expire in June 2025.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More