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Recital 1

Recital 1

(1)Commission Delegated Regulations (EU) 2015/2205 2 , (EU) 2016/592 3 and (EU) 2016/1178 4 determine 4 categories of counterparties for the purposes of setting out the dates on which their respective clearing obligations take effect. Counterparties are categorised according to their level of legal and operational capacity and by their trading activity in relation to OTC derivatives.

  1. 3 Commission Delegated Regulation (EU) 2016/592 of 1 March 2016 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on the clearing obligation ( OJ L 103, 19.4.2016, p. 5 ). ↩
  2. 2 Commission Delegated Regulation (EU) 2015/2205 of 6 August 2015 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on the clearing obligation ( OJ L 314, 1.12.2015, p. 13 ). ↩
  3. 4 Commission Delegated Regulation (EU) 2016/1178 of 10 June 2016 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on the clearing obligation ( OJ L 195, 20.7.2016, p. 3 ). ↩
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