The Over the Counter Derivatives (Intragroup Transactions) Regulations 2026 will establish a permanent UK framework for exemptions related to intragroup OTC derivatives transactions, replacing temporary provisions that were introduced following EU Exit. The regulations build on existing requirements under the EMIR Regulation, which mandates clearing of OTC derivatives through central counterparties and sets risk management standards for uncleared contracts. This change affects financial institutions and corporate entities that enter into derivative contracts with affiliated group members.
Source: legislation.gov.uk – Read the original