06/02/2026 (Agence Europe) – On Friday 6 February, a European Commission delegated act specifying the technical rules relating to the obligation to hold an active account was published in the Official Journal of the European Union. It complements the EMIR regulation (see EUROPE 13733/25, 13772/25) by detailing how certain counterparties must have an operational account with an EU clearing house. The text sets out technical requirements, annual tests and minimum capacities to ensure that these accounts can be rapidly used when needed. It also requires a representative volume of interest rate derivatives in euros and Polish zlotys to be cleared. Finally, it introduces harmonised half-yearly reporting to national authorities. Link to the legal act: https://aeur.eu/f/kmo (BD)