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These Regulations are made in relation to the Regulation (EU) 2019/834 of the European Parliament and of the Council of 20 May 2019 amending Regulation (EU) No 648/2012 as regards the clearing obligation, the suspension of the clearing obligation, the reporting requirements, the risk-mitigation techniques for OTC derivatives contracts not cleared by a central counterparty, the registration and supervision of trade repositories and the requirements for trade repositories (OJ L 141 28.5.2019 p.42).
These Regulations make amendments to the provisions in UK legislation which allow the FCA to specify what information is required to be included in an application or notification to them which is required under Regulation (EU) No 648/2012 (known as “EMIR”) (OJ L201 27.7.2012 p.1).
A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sector is foreseen.
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