The International Swaps and Derivatives Association, Inc (ISDA) and Markit have announced the launch of an EMIR Clearing Classification Tool on ISDA Amend.

ISDA Amend is an online service from ISDA and Markit that facilitates compliance with certain EMIR and other regulatory requirements. The EMIR Clearing Classification Tool enables derivatives users to indicate to their counterparties whether they are subject to clearing obligations set by the European Securities and Markets Authority for interest rate derivatives.

View ISDA and Markit launch new EMIR clearing classification tool on ISDA amend, 8 May 2015