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New version applies from 03/01/2018 — introduced by Commission Delegated Regulation (EU) 2017/2155. 23 provisions change. Later versions: 29/11/2022. Article 11 changes in this version: compare with the current text.

Article 11 - (Article 10(4)(b) of Regulation (EU) No 648/2012) Clearing thresholds

Article 11
(Article 10(4)(b) of Regulation (EU) No 648/2012) Clearing thresholds

The clearing thresholds values for the purpose of the clearing obligation shall be:

((a))

EUR 1 billion in gross notional value for OTC credit derivative contracts;

((b))

EUR 1 billion in gross notional value for OTC equity derivative contracts;

((c))

EUR 3 billion in gross notional value for OTC interest rate derivative contracts;

((d))

EUR 3 billion in gross notional value for OTC foreign exchange derivative contracts;

((e))

EUR 3 billion in gross notional value for OTC commodity derivative contracts and other OTC derivative contracts not provided for under points (a) to (d).

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