This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.
Point (h) Section 2 of Annex I shall apply from three years after the date of entry into force of this Regulation in respect of transactions on derivatives, as referred to in points (b) and (d) of Article 2(4) of Regulation (EU) No 1227/2011 of the European Parliament and of the Council 10.
This Regulation shall be binding in its entirety and directly applicable in all Member States.