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ISDA publish revised EMIR classification letter

ISDA has published an updated EMIR classification letter. The letter amends the July 2015 version to align with the final draft RTS on CDS clearing and on IRS clearing in certain additional EEA currencies. The letter also amends the definition of “Category 1 entity” to accord with the final G-4 IRS RTS. Further amendments will be made as the clearing mandate evolves. The updated letter and accompanying Guidance Note are available on ISDA’s EMIR Focus page on ISDA’s website.

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