An international Linklaters team advised Eurex Clearing AG in connection with its admission as a clearing house pursuant to the European Market Infrastructure Regulation (EMIR). The German Financial Supervisory Authority (BaFin) approved the application of Eurex Clearing AG on 10 April 2014 and granted the licence to Eurex Clearing AG.

The BaFin decision was based on prior consultations of the college of regulators that was to decide about the application for admission. This college included the European Securities and Markets Authority (ESMA), the Eurosystem, as well as central banks and regulatory authorities from eight EU Member States.

The subsidiary of Deutsche Börse AG, Eurex Clearing AG, is thus one of the first Central Counterparties (CCP) to receive this status.

The Linklaters team was led by Dr Kurt Dittrich and Dr Herbert Harrer (both Capital Markets, Frankfurt) and included further Linklaters lawyers from Germany and several European countries.