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Version status: In force | Document consolidation status: Assimilated law updated to reflect all known changes
Version date: 31 December 2020
  Version 2 of 2    

Article 1 Subject matter and scope

1. This Regulation lays down clearing and bilateral risk-management requirements for over-the-counter ('OTC') derivative contracts, reporting requirements for derivative contracts and uniform requirements for the performance of activities of central counterparties ('CCPs') and trade repositories.

2. This Regulation shall apply to CCPs and their clearing members, to financial counterparties and to trade repositories. It shall apply to non-financial counterparties and trading venues where so provided.

3. Title V of this Regulation shall apply only to transferable securities and money-market instruments, as defined Articles 2(1)(24) and 2(1)(25A) of MIFIR.

4. This Regulation shall not apply to:

(a) the Bank of England and other public bodies in the United Kingdom charged with or intervening in the management of the public debt;

(b) the Bank for International Settlements;

(c) the central banks and public bodies charged with or intervening in the management of the public debt in the follow

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