Despite many firms still needing to onboard with an EU-based clearinghouse, hedge funds, asset managers, banks, and proprietary trading firms subject to EMIR 3.0 are confident they will meet the implementation deadline, according to a study by Acuiti.

A survey by Acuiti and Sernova Financial reveals that 71% of firms are confident they’ll meet the EMIR deadline. However, nearly one-third are still evaluating CCPs, raising concerns about last-minute onboarding bottlenecks. Eurex has warned of potential congestion as the deadline approaches.

Click here to read the Survey on Readiness for EMIR: https://financefeeds.com/emir-3-0-triggers-industry-wide-overhaul-ahead-of-june-compliance-deadline