TITLE IICLEARING, REPORTING AND RISK MITIGATION OF OTC DERIVATIVES
Article 12Penalties
F11.
Regulation 9 of the 2013 Regulations sets out the penalties applicable to infringements of the rules under this Title.
F22.
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3.
An infringement of the rules under this Title shall not affect the validity of an OTC derivative contract or the possibility for the parties to enforce the provisions of an OTC derivative contract. An infringement of the rules under this Title shall not give rise to any right to compensation from a party to an OTC derivative contract.