Does not allow them to do the clearance. Looking for the permits, these goods may actually be in the customs once, but in the health field, if you have a licensed product that has a permit from us , it has not been cleared by the customs because we have a very close relationship with the customs. Business card or for example transfer of documents or for example clearing the obligation now customs has a lot of influence in the field of medicine, it gives a deadline for the guarantees that it wants to get, usually it offers different types, in fact, different models so that the company does not get into trouble, so the goods that you think of in the field of medicine are Raw Materials and equipment that are licensed by us. If it has been deposited in the customs, usually it is not in the customs. Yes, doctor, well, a country of 85 Million People needs precise systems that you know exactly where, in order for the market to be supplied on time so that it does not face problems. Whether eff
EMIR 3 and Clearing in the EU | Shearman & Sterling LLP
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AGENCE EUROPE - ESMA reviews clearing and derivative trading obligations
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On 27 January 2021, the European Commission adopted an equivalence decision
1 determining that the legal and supervisory arrangements applicable to US central counterparties (CCPs) registered with the Securities and Exchange Commission (SEC) as “covered clearing agencies” (CCAs), are equivalent to the requirements in Title IV of the European Market Infrastructure Regulation (EMIR).
2 The equivalence decision applies in relation to transactions in securities and derivative contracts that are based on a single security, loan or a narrow-based group or index of securities (“security-based derivatives” or “security-based swaps”) falling under the competence of the SEC.
Under Article 25(1) of EMIR, a CCP established in a third country may only provide clearing services to clearing members or trading venues established in the EU where that CCP has been recognised by the European Securities and Markets Authority (ESMA). Following the equivalence decision, SEC-registered CCPs