Emir 3.0 threatens lag for Simm revisions

New EU rules could stall changes aimed at improving risk sensitivity of industry margin models

EU date changes
Risk.net montage

Users of the International Swaps and Derivatives Association’s standard initial margin model (Simm) for non-cleared derivatives may be left with outdated and less risk-sensitive calculations, as new European Union rules intended to streamline margin model updates could delay the approval process by up to three months. 

The recently finalised update to the European Market Infrastructure Regulation (Emir 3.0) requires the European Banking Authority (EBA) and national competent authorities (NCAs) to

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


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