European Market Infrastructure Regulation
Central clearing of OTC derivatives
For the purpose of determining applicability of the clearing obligation under EMIR art. 4 and 4(a) the Pension Fund for Technicians- and Bachelor of Engineering (ISP)
is a so-called “FC-”.
Further, ISP is a pension scheme arrangement within the meaning of Article 2(10)(b) of EMIR. ISP has been granted exemption from the clearing obligation by the Danish Financial Supervisory Authority.
Please note that ISP Pension entered into delegated reporting agreements with all current counterparties.