On December 4, 2024, EU Regulation 2024/2987 (“EMIR 3”), amending EU Regulation 648/2012 on the European Market Infrastructure (“EMIR”), was published in the EU Official Journal. EMIR 3 will enter into force on December 24, 2024, although certain provisions will remain subject to the Regulatory Technical Standards that will be published by the European Securities and Markets Commission (“ESMA”).

Learn more about EMIR 3 in the latest article on our Financial Regulatory News blog, “EMIR 3: Active accounts, clearing threshold, and exemptions,” written by Michal Chajdukowsk.

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