{"release":{"id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","published":"2026-11-01T16:41:30Z","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":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","release_published":"2026-11-01T16:41:30Z","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/13","url":"https://www.headlesslaw.com/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register/articles/13","title":"Article 13 — (Article 11(14)(a) of Regulation (EU) No 648/2012)","family":"l2_unit_view","work_id":"spaces/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register","view_of":"/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register","status":"in_force","force_status":"in_force","date_state":"current","requested_date":null,"as_of":"2026-11-02","applies_from":null,"application":null,"version_label":"Consolidated version of 29 November 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":"13c641f324e25531","versions":["2013-03-15"],"version_url":"https://www.headlesslaw.com/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register/articles/13/versions/2022-11-29","revision_url":"https://www.headlesslaw.com/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register/articles/13/versions/2022-11-29/rev/13c641f324e25531","versions_url":"https://www.headlesslaw.com/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register/articles/13/versions","relations_url":"https://www.headlesslaw.com/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register/articles/13/relations","act_url":"https://www.headlesslaw.com/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register#art-13","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":"13","index":15,"articles":23,"annexes":0},"prev":{"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)"},"next":{"path":"/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register/articles/14","key":"14","title":"Article 14 — (Article 11(14)(a) of Regulation (EU) No 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means with each of their counterparties on the arrangements under which portfolios shall be reconciled. Such agreement shall be reached before entering into the OTC derivative contract.\n\n2. <a id=\"art-13-p-2\"></a>Portfolio reconciliation shall be performed by the counterparties to the OTC derivative contracts with each other or by a qualified third party duly mandated to this effect by a counterparty. The portfolio reconciliation shall cover key trade terms that identify each particular OTC derivative contract and shall include at least the valuation attributed to each contract in accordance with [Article 11(2)](../../articles/11.md) of Regulation (EU) No 648/2012.\n\n3. <a id=\"art-13-p-3\"></a>In order to identify at an early stage any discrepancy in a material term of the OTC derivative contract, including its valuation, the portfolio reconciliation shall be performed:\n\n    <a id=\"art-13-p-3-a\"></a>**(a)** for a financial counterparty or a non-financial counterparty referred to in [Article 10](../../articles/10.md) of Regulation (EU) No 648/2012:\n\n    <a id=\"art-13-p-3-a-i\"></a>**(i)** each business day when the counterparties have 500 or more OTC derivative contracts outstanding with each other;\n\n    <a id=\"art-13-p-3-a-ii\"></a>**(ii)** once per week when the counterparties have between 51 and 499 OTC derivative contracts outstanding with each other at any time during the week;\n\n    <a id=\"art-13-p-3-a-iii\"></a>**(iii)** once per quarter when the counterparties have 50 or less OTC derivative contracts outstanding with each other at any time during the quarter;\n\n    <a id=\"art-13-p-3-b\"></a>**(b)** for a non-financial counterparty not referred to in [Article 10](../../articles/10.md) of Regulation (EU) No 648/2012:\n\n    <a id=\"art-13-p-3-b-i\"></a>**(i)** once per quarter when the counterparties have more than 100 OTC derivative contracts outstanding with each other at any time during the quarter;\n\n    <a id=\"art-13-p-3-b-ii\"></a>**(ii)** once per year when the counterparties have 100 or less OTC derivative contracts outstanding with each other.\n\n","marks":[],"text_hash":"fa7caf9ae203aa7de587f25e60b984094c045d120833f7e664cc7c054d48509c","revision":1}}