KfW justifies exemptions from Emir

schulze-dr-michael

With €511 billion in assets in 2012 and a guarantee from the German government, development bank KfW carries some clout in the market - so much so that it was able to win key concessions from European regulators when they drew up new derivatives rules. For one thing, KfW is among the exclusive list of entities excused from mandatory clearing of standardised over-the-counter derivatives, as well as posting margin on uncleared swaps under the European Market Infrastructure Regulation (Emir). For

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here