{"release":{"id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","published":"2026-11-01T16:41:30Z","pinned":false},"limits":{"coverage":{"history":"current_only","held_since":"2026-10-26","gaps":[],"covered":["2017/581 — RTS — Clearing access [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":"/mifir/level-2/rts/2017-581-clearing-access-in-respect-of-trading-venues-and-central/articles/13","url":"https://www.headlesslaw.com/mifir/level-2/rts/2017-581-clearing-access-in-respect-of-trading-venues-and-central/articles/13","title":"Article 13 — Netting of economically equivalent contracts","family":"l2_unit_view","work_id":"spaces/mifir/level-2/rts/2017-581-clearing-access-in-respect-of-trading-venues-and-central","view_of":"/mifir/level-2/rts/2017-581-clearing-access-in-respect-of-trading-venues-and-central","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":"Commission Delegated Regulation (EU) 2017/581, OJ L 87, 31.3.2017","check":{"against":"EUR-Lex","on":"2026-10-26"},"check_result":"matched","official_url":"https://eur-lex.europa.eu/eli/reg_del/2017/581/oj/eng","valid_from":"2017-04-20","valid_until":null,"content_id":"1564566681337ab9","versions":["2017-04-20"],"version_url":"https://www.headlesslaw.com/mifir/level-2/rts/2017-581-clearing-access-in-respect-of-trading-venues-and-central/articles/13/versions/2026-10-26","revision_url":"https://www.headlesslaw.com/mifir/level-2/rts/2017-581-clearing-access-in-respect-of-trading-venues-and-central/articles/13/versions/2026-10-26/rev/1564566681337ab9","versions_url":"https://www.headlesslaw.com/mifir/level-2/rts/2017-581-clearing-access-in-respect-of-trading-venues-and-central/articles/13/versions","relations_url":"https://www.headlesslaw.com/mifir/level-2/rts/2017-581-clearing-access-in-respect-of-trading-venues-and-central/articles/13/relations","act_url":"https://www.headlesslaw.com/mifir/level-2/rts/2017-581-clearing-access-in-respect-of-trading-venues-and-central#art-13","source_line":"Commission Delegated Regulation (EU) 2017/581 · binding · OJ L 87, 31.3.2017 · dated 24 Jun 2016 [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":"2016-06-24","entry_into_force":"2017-04-20","locators":{"document_date":"CELLAR 32017R0581 work_date_document","entry_into_force":"CELLAR 32017R0581 resource_legal_date_entry-into-force (earliest)"}},"adoption":null},"context":{"act":{"work_id":"spaces/mifir/level-2/rts/2017-581-clearing-access-in-respect-of-trading-venues-and-central","path":"/mifir/level-2/rts/2017-581-clearing-access-in-respect-of-trading-venues-and-central","name":"Commission Delegated Regulation (EU) 2017/581","number":"2017/581","celex":"32017R0581","title_official":"COMMISSION DELEGATED REGULATION (EU) 2017/581 of 24 June 2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards on clearing access in respect of trading venues and central counterparties (Text with EEA relevance)","document_date":"2016-06-24"},"position":{"kind":"article","key":"13","index":13,"articles":21,"annexes":1},"prev":{"path":"/mifir/level-2/rts/2017-581-clearing-access-in-respect-of-trading-venues-and-central/articles/12","key":"12","title":"Article 12 — Collateral and margining requirements of economically equivalent contracts"},"next":{"path":"/mifir/level-2/rts/2017-581-clearing-access-in-respect-of-trading-venues-and-central/articles/14","key":"14","title":"Article 14 — Cross-margining of correlated contracts cleared by the same CCP"},"act_anchor":"#art-13"}},"provenance":{"official_url":"https://eur-lex.europa.eu/eli/reg_del/2017/581/oj/eng","check":{"result":"matched","checked_at":"2026-10-26","against":"EUR-Lex"},"repo_path":"spaces/mifir/level-2/rts/2017-581-clearing-access-in-respect-of-trading-venues-and-central.md","unit_text_sha256":"e0f60288b7f85f554b645ea90b103ea592988f5fc64a4816daf56654f6856ae4","note":"the unit is a byte-exact part of the act page, whose check record covers it"},"unit":{"locator":"spaces/mifir/level-2/rts/2017-581-clearing-access-in-respect-of-trading-venues-and-central/art-13","kind":"article","key":"13","heading":"Article 13 — Netting of economically equivalent contracts","text":"## Article 13 — Netting of economically equivalent contracts\n\n1. A CCP shall apply to economically equivalent contracts referred to in Article 12(1) of this Regulation the same netting procedures irrespective of where the contracts were traded, provided that any netting procedure it applies is valid and enforceable in accordance with Directive 98/26/EC and applicable insolvency law.\n1. A CCP considering that the legal risk or the basis risk related to a netting procedure it applies to an economically equivalent contract is not sufficiently mitigated, shall subject the clearing of such a contract to the adoption of changes to that netting procedure excluding the netting of such contract. Such changes shall be considered as significant changes to the CCP's risk models and parameters referred to in [Article 28](https://www.headlesslaw.com/emir/articles/28) and [49](https://www.headlesslaw.com/emir/articles/49) of Regulation (EU) No 648/2012.\n1. 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