EMIR 3.0¹ was published in the Official Journal of the EU on 4 December 2024.

The regulation will therefore enter into force on 24 December 2024 (being the twentieth day following its publication). Whilst many of the provisions will be effective from that date, not all provisions will be (such as the changes to the clearing threshold calculation).

Read our note on EMIR 3.0 (including our summaries for credit funds, pension funds and corporates) to understand how this might impact you.

¹ Officially “Regulation (EU) 2024/2987 of the European Parliament and of the Council of 27 November 2024 amending Regulations (EU) No 648/2012, (EU) No 575/2013 and (EU) 2017/1131 as regards measures to mitigate excessive exposures to third-country central counterparties and improve the efficiency of Union clearing markets”