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EMIR-ReFIT art. 9(1) Notification

Reporting forms relating to the Notification on intragroup exemption from the reporting obligation pursuant to Regulation EU no. 2012/648 (EMIR)  art. 9 (1), as amended by Regulation EU no. 2019/834 (ReFIT)

ReFIT provides an exemption from the reporting obligation of intragroup derivatives contracts.

The exemption can be applied where at least one counterparty of the group is a Non-Financial Counterparty (or would be qualified as a Non-Financial Counterparty if it were established in the Union) provided that:

1) both counterparties are included in the same consolidation on a full basis and both are subject to appropriate centralised risk evaluation, measurement and control procedures; 

2) the parent undertaking is not a financial counterparty;

3) the counterparty has notified their competent authorities of their intention to apply the exemption;

4) the competent authority has express no denial – within three months from the notification – about the compliance with the condition referred to point 1) and 2).

The NFC Notification and Intragroup exemption details should be submitted at This email address is being protected from spambots. You need JavaScript enabled to view it. after filling in the following forms:

 NFC Notification Form

 Intragroup exemption details Form