Commission Delegated Regulation (EU) No 149/2013 Article 16

(Article 11(14)(b) of Regulation (EU) No 648/2012)

Article 16

1. Market conditions that prevent marking-to market of an OTC derivative contract shall be considered to occur in either of the following situations: (a) when the market is inactive; (b) where the range of reasonable fair values estimates is significant and the probabilities of the various estimates cannot reasonably be assessed. 2. A market for an OTC derivative contract shall be considered inactive when quoted prices are not readily and regularly available and those prices available do not represent actual and regularly occurring market transactions on an arm’s length basis.

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Other provisions in CHAPTER VIII — RISK-MITIGATION TECHNIQUES FOR OTC DERIVATIVE CONTRACTS NOT CLEARED BY A CCP

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 16 of Commission Delegated Regulation (EU) No 149/2013 (LawPlayer, data as of 2026-07-04)

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