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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)
Full document Article 11 of 23
The clearing thresholds values for the purpose of the clearing obligation shall be:
11(a) (a) EUR 1 billion in gross notional value for OTC credit derivative contracts;
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11(b) (b) EUR 1 billion in gross notional value for OTC equity derivative contracts;
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11(c) (c) EUR 3 billion in gross notional value for OTC interest rate derivative contracts;
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11(d) (d) EUR 3 billion in gross notional value for OTC foreign exchange derivative contracts;
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11(e) (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).
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CHAPTER VIII — RISK-MITIGATION TECHNIQUES FOR OTC DERIVATIVE CONTRACTS NOT CLEARED BY A CCP