{"release":{"id":"c89ff15ec1240a456b40735def079beeda55a0c372be7f3da154287997367ecf","published":"2026-11-02T04:02:35Z","pinned":false},"limits":{"coverage":{"history":"from:2022-11-29","held_since":"2022-11-29","gaps":[],"covered":["149/2013 — RTS — Indirect clearing, clearing obligation, public register [in force] L2"],"not_covered":["national guidance","court decisions"]},"freshness":{"release_id":"c89ff15ec1240a456b40735def079beeda55a0c372be7f3da154287997367ecf","release_published":"2026-11-02T04:02:35Z","checked_at":"2026-10-26","checked_against":"EUR-Lex"},"truncation":null,"failures":[],"incomplete":[]},"page":{"path":"/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register/articles/11","url":"https://www.headlesslaw.com/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register/articles/11","title":"Article 11 — (Article 10(4)(b) of Regulation (EU) No 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2022","check":{"against":"EUR-Lex","on":"2026-10-26"},"check_result":"matched","official_url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02013R0149-20221129","valid_from":"2013-03-15","valid_until":null,"content_id":"b546587d2393dc87","versions":["2013-03-15"],"version_url":"https://www.headlesslaw.com/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register/articles/11/versions/2022-11-29","revision_url":"https://www.headlesslaw.com/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register/articles/11/versions/2022-11-29/rev/b546587d2393dc87","versions_url":"https://www.headlesslaw.com/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register/articles/11/versions","relations_url":"https://www.headlesslaw.com/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register/articles/11/relations","act_url":"https://www.headlesslaw.com/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register#art-11","source_line":"Commission Delegated Regulation (EU) No 149/2013 · binding · OJ L 52, 23.2.2013 · dated 19 Dec 2012 [in force]","attribution":{"prepared_by":"European Commission","published_by":"Publications Office of the EU","published_in":"Official Journal of the European Union","document_type":"delegated_regulation","legal_nature":"binding_adopted","addressees":"not stated in the document","dates":{"document_date":"2012-12-19","entry_into_force":"2013-03-15","locators":{"document_date":"CELLAR 32013R0149 work_date_document","entry_into_force":"CELLAR 32013R0149 resource_legal_date_entry-into-force (earliest)"}},"adoption":null},"context":{"act":{"work_id":"spaces/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register","path":"/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register","name":"Commission Delegated Regulation (EU) No 149/2013","number":"149/2013","celex":"32013R0149","title_official":"COMMISSION DELEGATED REGULATION (EU) No 149/2013 of 19 December 2012 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on indirect clearing arrangements, the clearing obligation, the public register, access to a trading venue, non-financial counterparties, and risk mitigation techniques for OTC derivatives contracts not cleared by a CCP (Text with EEA relevance)","document_date":"2012-12-19"},"position":{"kind":"article","key":"11","index":13,"articles":23,"annexes":0},"prev":{"path":"/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register/articles/10","key":"10","title":"Article 10 — (Article 10(4)(a) of Regulation (EU) No 648/2012)"},"next":{"path":"/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register/articles/12","key":"12","title":"Article 12 — (Article 11(14)(a) of Regulation (EU) No 648/2012)"},"act_anchor":"#art-11"}},"provenance":{"official_url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02013R0149-20221129","check":{"result":"matched","checked_at":"2026-10-26","against":"EUR-Lex"},"repo_path":"spaces/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register.md","unit_text_sha256":"14bf60dab5188b50035daf1591c1189bd76e1c8c507dd2bcadea25b361ee911a","note":"the unit is a byte-exact part of the act page, whose check record covers it"},"unit":{"locator":"spaces/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register/art-11","kind":"article","key":"11","heading":"Article 11 — (Article 10(4)(b) of Regulation (EU) No 648/2012)","text":"## <a id=\"art-11\"></a>Article 11 — (Article 10(4)(b) of Regulation (EU) No 648/2012)\n\nClearing thresholds\n\nThe clearing thresholds values for the purpose of the clearing obligation shall be:\n\n<a id=\"art-11-p-a\"></a>**(a)** EUR 1 billion in gross notional value for OTC credit derivative contracts;\n\n<a id=\"art-11-p-b\"></a>**(b)** EUR 1 billion in gross notional value for OTC equity derivative contracts;\n\n<a id=\"art-11-p-c\"></a>**(c)** EUR 3 billion in gross notional value for OTC interest rate derivative contracts;\n\n<a id=\"art-11-p-d\"></a>**(d)** EUR 3 billion in gross notional value for OTC foreign exchange derivative contracts;\n\n<a id=\"art-11-p-e\"></a>**(e)** EUR 4 billion in gross notional value for OTC commodity derivative contracts and other OTC derivative contracts not provided for under points (a) to (d).\n\n**CHAPTER VIII — RISK-MITIGATION TECHNIQUES FOR OTC DERIVATIVE CONTRACTS NOT CLEARED BY A CCP**\n\n","marks":[],"text_hash":"14bf60dab5188b50035daf1591c1189bd76e1c8c507dd2bcadea25b361ee911a","revision":1}}