On 12 April 2021, there was published in the Official Journal EU Commission Implementing Decision (EU) 2021/583 of 9 April 2021 amending Implementing Decision (EU) 2016/1073 on the equivalence of designated contract markets in the United States of America (USA) in accordance with the European Markets Infrastructure Regulation (EMIR). The EU Commission Implementing Decision amends the Annex to Implementing Decision (EU) 2016/1073 on the equivalence of USA designated contract markets (DCMs) in accordance with EMIR.
Since the adoption of Implementing Decision (EU) 2016/1073, a number of additional DCMs established in the USA have obtained authorisation from the Commodities Futures Trading Commission (CFTC) to trade in derivatives. In light of the information received from the CFTC, those additional DCMs comply with the legally binding requirements that are equivalent to the requirements for EU regulated markets laid down in Title III of the revised Markets in Financial Instruments Directive. In addition, some DCMs referred to in the Annex to Implementing Decision (EU) 2016/1073 have vacated their authorisation or amended their names. The Annex of Implementing Decision (EU) 2016/1073 is therefore being amended.
The EU Commission Implementing Decision enters into force on 15 April 2021.