S.L. 345.17 · Financial Markets Act (Otc Derivatives, (S.L. 345.17)
S.L. 345.17 Art. 8Financial Market Rules.
For the better carrying out of the provisions of the EMIR Regulation and of these regulations, the competent authority may, from time to time, issue and publish Financial Market Rules which shall be binding on all persons acting as central counterparties or trade repositories and, or who are responsible for clearing and bilateral risk-management requirements for OTC derivatives and, or who are responsible for reporting requirements for derivative contracts. Such rules may lay down additional requirements and conditions in relation to these matters as the competent authority may consider appropriate including:
(a) the operation of the EMIR Regulation or of these regulations;
(b) any matter relating to the functions, obligations and powers of the competent authority under the EMIR Regulation; and
(c) any other matter arising in connection with the EMIR Regulation or these regulations.