Energy firms urge EC to ease Emir clearing rules

Review highlights concerns over impact of clearing on nonfinancials

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The European Commission is conducting a review of Emir

European Union energy firms worried about the looming impact of new rules that could require them to clear all their over-the-counter derivatives trades starting in December 2018 are eagerly anticipating the results of a review being carried out by the European Commission (EC), which they hope will rein in the most burdensome aspects of the regulation.

The EC's review of the European Market Infrastructure Regulation (Emir) is intended to take stock of implementation so far, identify any unintend