The European Market Infrastructure Regulation (EMIR) is designed to improve transparency, mitigate counterparty credit risk and increase the stability of the over-the-counter (OTC) derivative markets throughout the EU. EMIR applies to financial and non-financial counterparties to derivatives contracts in the EU, as well as to those trading outside the EU under certain circumstances.
The Maples Group provides both legal and operational support to fund managers in meeting the ongoing obligations of EMIR which introduces reporting and clearing obligations for OTC derivatives, measures for reducing counterparty credit risk and operational risk, rules for central counterparties (CCPs) and trade repositories and for establishing interoperability between CCPs. Our services include:
- Advising on the on the laws of the British Virgin Islands, the Cayman Islands, Ireland, Jersey and Luxembourg or assisting in relation to the potential application of EMIR;
- Reviewing investment management agreements and trading agreements to ensure responsibility is properly assigned for obligations introduced by EMIR;
- Operations and technology solutions that maintain the relevant trade, position and collateral data and integrate with trade repositories and perform the requisite reporting and reconciliations required under EMIR.
LocationsBoston | Cayman Islands | Dubai | Dublin | Hong Kong | Luxembourg | Montreal | Singapore
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The Maples Group is pleased to announce the relocation of two of its senior Dispute Resolution and Insolvency lawyers from its British Virgin Islands and Cayman Islands offices to London.
05 Nov 2019Read more
The Maples Group is pleased to announce that it has once again been recognised at the 2019 IFLR Middle East awards that were held at the Burj Al Arab earlier this month.
30 Oct 2019Read more
The Maples Group has announced the appointment of Kim Bishop as a Vice President and independent director within the fiduciary services team in the Cayman Islands.
30 Oct 2019Read more
In response to the increased volume of local and global regulatory laws, Maples and Calder, the Maples Group's law firm, is pleased to announce the recent expansion of its global Regulatory group.
26 Sep 2019Read more
Three partners from Maples and Calder, the Maples Group's law firm, were honoured: Gwyneth Rees, Harjit Kaur and Heidi de Vries.
25 Sep 2019Read more
Legal Week has identified Cayman Islands Trusts & Private Client lawyer, Maxine Bodden, as a "Rising Star" in its Private Client Global Elite Directory 2019.
24 Sep 2019Read more