Commission Delegated Regulation (EU) 2024/363 of 11 October 2023 amending the regulatory technical standards laid down in Delegated Regulation (EU) 2015/2205 as regards the transition to the TONA and SOFR benchmarks referenced in certain OTC derivative contracts
Commission Delegated Regulation (EU) 2024/363 of 11 October 2023 amending the regulatory technical standards laid down in Delegated Regulation (EU) 2015/2205 as regards the transition to the TONA and SOFR benchmarks referenced in certain OTC derivative contracts
Data as of 2026-07-04 · Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗
Delegated Regulation (EU) 2015/2205 is amended as follows:
(1)
in Article 3, the following paragraph 1c is inserted:
‘1c.
By way of derogation from paragraph 1, and excluding contracts referred to in paragraph 1b, in respect of contracts pertaining to a class of OTC derivatives set out in the Annex in rows E.4.1 and E.4.2 of Table 4, the clearing obligation for such contracts shall take effect on 11 February 2024.’;
(2)
the Annex is amended in accordance with the Annex to this Regulation.
ANNEX
In the Annex to Delegated Regulation (EU) 2015/2205, Table 4 is amended as follows:
(1)
the row for entry D.4.3 is deleted;
(2)
the following rows for entries E.4.1 and E.4.2 are added:
‘E.4.1
OIS
SOFR
USD
7D-50Y
Single currency
No
Constant or variable
E.4.2
OIS
TONA
JPY
7D-30Y
Single currency
No
Constant or variable’
