On 5 June 2015, the European Commission (Commission) adopted a Delegated Regulation amending the European Markets Infrastructure Regulation (EMIR) by extending the exemption from the clearing obligation for Pension Scheme Arrangements until 16 August 2017. The Commission has now adopted a further Delegated Regulation which extends the exemption for a further year. The Delegated Regulation will enter into force on the day following its publication in the Official Journal of the EU.

View European Commission adopts Delegated Regulation further extending temporary clearing exception for PSAs under EMIR, 20 December 2016