Although EMIR entered into force on 16 August 2012, many provisions only apply after the entry into force of certain technical standards.
Nine of these technical standards entered into force on 15 March 2013.
In this respect market participants are advised to take special note of the following:
The requirements on timely confirmation and daily valuation will apply with the entry into force of these technical standards.
The requirements on portfolio reconciliation, portfolio compression and dispute resolution will apply six months after the entry into force of these technical standards.
Further details on the requirements are specified in: Regulatory technical standards on indirect clearing arrangements... (pdf)