{"release":{"id":"2d86bd12ba77a288053b34ea2517324b92d03c8039b7f5d156fa4002421384a1","published":"2026-11-10T16:06:46Z","pinned":false},"limits":{"coverage":{"history":"full","held_since":"2012-07-27","gaps":[],"covered":["EMIR L1"],"not_covered":["national guidance","court decisions"]},"freshness":{"release_id":"2d86bd12ba77a288053b34ea2517324b92d03c8039b7f5d156fa4002421384a1","release_published":"2026-11-10T16:06:46Z","checked_at":null,"checked_against":null},"truncation":{"shown":17,"total":17,"capped":false,"cap":1000,"next_cursor":null},"failures":[],"incomplete":[]},"page":{"path":"/emir/articles/4a","url":"https://www.headlesslaw.com/emir/articles/4a","title":"Article 4a — Financial counterparties that are subject to the clearing obligation","work_id":"emir","date_state":"current","as_of":"2026-11-11","relations_url":"https://www.headlesslaw.com/emir/articles/4a/relations"},"as_of":"2026-11-11","counts":{"refers_to:out":9,"amended_by:out":2,"refers_to:in":6},"relations":[{"edge_id":"2027a49477c1cd714fd2","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 14","dst_raw":"eu.emir.article.14","other":{"work_id":"emir","level":"L1","locator":"emir/art/14","url":"/emir/articles/14","title":"Authorisation of a CCP","key":"14","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.4a","source_block_id":"eu.emir.article.4a.paragraph.5"}},{"edge_id":"b4db986609af6d34e46f","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 10","dst_raw":"eu.emir.article.10","other":{"work_id":"emir","level":"L1","locator":"emir/art/10","url":"/emir/articles/10","title":"Non-financial counterparties","key":"10","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.4a","source_block_id":"eu.emir.article.4a.paragraph.5"}},{"edge_id":"e39c200c8476fa8d9d84","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 25","dst_raw":"eu.emir.article.25","other":{"work_id":"emir","level":"L1","locator":"emir/art/25","url":"/emir/articles/25","title":"Recognition of a third-country CCP","key":"25","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.4a","source_block_id":"eu.emir.article.4a.paragraph.5"}},{"edge_id":"20d5f7c4e00ec3481ea7","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 10(4)","dst_raw":"eu.emir.article.10","other":{"work_id":"emir","level":"L1","locator":"emir/art/10","url":"/emir/articles/10","title":"Non-financial counterparties","key":"10","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.4a","source_block_id":"eu.emir.article.4a.paragraph.1"}},{"edge_id":"5397ddf5e6645ef66200","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 10(4)","dst_raw":"eu.emir.article.10","other":{"work_id":"emir","level":"L1","locator":"emir/art/10","url":"/emir/articles/10","title":"Non-financial counterparties","key":"10","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.4a","source_block_id":"eu.emir.article.4a.paragraph.2"}},{"edge_id":"bfc972abd91a56b19772","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 4","dst_raw":"eu.emir.article.4","other":{"work_id":"emir","level":"L1","locator":"emir/art/4","url":"/emir/articles/4","title":"Clearing obligation","key":"4","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.4a","source_block_id":"eu.emir.article.4a.paragraph.2"}},{"edge_id":"90d1b3aa8ec686d293bc","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 10(4)","dst_raw":"eu.emir.article.10","other":{"work_id":"emir","level":"L1","locator":"emir/art/10","url":"/emir/articles/10","title":"Non-financial counterparties","key":"10","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.4a","source_block_id":"eu.emir.article.4a.paragraph.4"}},{"edge_id":"b81753f28e24c7c94a9a","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 10(4a)","dst_raw":"eu.emir.article.10","other":{"work_id":"emir","level":"L1","locator":"emir/art/10","url":"/emir/articles/10","title":"Non-financial counterparties","key":"10","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.4a","source_block_id":"eu.emir.article.4a.paragraph.4"}},{"edge_id":"ff1fe8ffda898d67252e","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 4","dst_raw":"eu.emir.article.4","other":{"work_id":"emir","level":"L1","locator":"emir/art/4","url":"/emir/articles/4","title":"Clearing obligation","key":"4","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.4a","source_block_id":"eu.emir.article.4a.paragraph.1.point.c"}},{"edge_id":"66df214181165b263652","scope":"unit","type":"amended_by","direction":"out","resolution":"external","basis":"cellar_consolidation_metadata","method":"cellar-inventory","confidence":"single_act","src_from":"2024-12-24","src_until":null,"span":null,"dst_raw":"32024R2987","other":null,"evidence":{"consolidation":"02012R0648-20241224","incorporates":["32024R2987"]}},{"edge_id":"90e063b5f2ce7a165679","scope":"unit","type":"amended_by","direction":"out","resolution":"resolved","basis":"cellar_consolidation_metadata","method":"cellar-inventory","confidence":"single_act","src_from":"2025-01-17","src_until":null,"span":null,"dst_raw":"32022R2554","other":{"work_id":"spaces/dora/level-3/opinions/jc-2025-06-opinion-rts-subcontracting","level":null,"locator":null,"url":null,"title":null,"key":"32022R2554","state_on_date":null},"evidence":{"consolidation":"02012R0648-20250117","incorporates":["32022R2554"]}},{"edge_id":"2d95aaf106d4acbdd774","scope":"unit","type":"refers_to","direction":"in","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 4a(1)","dst_raw":"eu.emir.article.4a","other":{"work_id":"emir","level":"L1","locator":"emir/art/4/para/1/pt/a/subpt/ii","url":"/emir/articles/4#p-1-a-ii","title":"Clearing obligation","key":"4(1)(a)(ii)","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.4","source_block_id":"eu.emir.article.4.paragraph.1.point.a.subpoint.ii"}},{"edge_id":"8ce4201a804b2ed8d1c3","scope":"unit","type":"refers_to","direction":"in","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 4a(1)","dst_raw":"eu.emir.article.4a","other":{"work_id":"emir","level":"L1","locator":"emir/art/4/para/1","url":"/emir/articles/4#p-1","title":"Clearing obligation","key":"4(1)","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.4","source_block_id":"eu.emir.article.4.paragraph.1"}},{"edge_id":"bfd5102d0e26fd7860bf","scope":"unit","type":"refers_to","direction":"in","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 4a(1)","dst_raw":"eu.emir.article.4a","other":{"work_id":"emir","level":"L1","locator":"emir/art/4/para/1/pt/a/subpt/i","url":"/emir/articles/4#p-1-a-i","title":"Clearing obligation","key":"4(1)(a)(i)","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.4","source_block_id":"eu.emir.article.4.paragraph.1.point.a.subpoint.i"}},{"edge_id":"c5fca972bd94cdc5a5a6","scope":"unit","type":"refers_to","direction":"in","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 4a(4)","dst_raw":"eu.emir.article.4a","other":{"work_id":"emir","level":"L1","locator":"emir/art/10/para/4a","url":"/emir/articles/10#p-4a","title":"Non-financial counterparties","key":"10(4a)","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.10","source_block_id":"eu.emir.article.10.paragraph.4a"}},{"edge_id":"dc07ea1fc359f43ecf5c","scope":"unit","type":"refers_to","direction":"in","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 4a(3)","dst_raw":"eu.emir.article.4a","other":{"work_id":"emir","level":"L1","locator":"emir/art/10/para/4/pt/b","url":"/emir/articles/10#p-4-b","title":"Non-financial counterparties","key":"10(4)(b)","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.10","source_block_id":"eu.emir.article.10.paragraph.4.point.b"}},{"edge_id":"f90447a1518fe859f24d","scope":"unit","type":"refers_to","direction":"in","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2025-01-17","src_until":null,"span":"Article 4a(1)","dst_raw":"eu.emir.article.4a","other":{"work_id":"emir","level":"L1","locator":"emir/art/4/para/1/pt/a/subpt/iv","url":"/emir/articles/4#p-1-a-iv","title":"Clearing obligation","key":"4(1)(a)(iv)","state_on_date":"in_force"},"evidence":{"object":"eu.emir.legal_text.article.4","source_block_id":"eu.emir.article.4.paragraph.1.point.a.subpoint.iv"}}],"not_served":["exempts","derogates_from"],"note":"inverse edges are computed from the stored direction; floating targets are resolved on as_of (other.state_on_date)"}