ESMA specifies requirements to facilitate safe use of post-trade risk reduction services 20 October 2026 Guidelines and Technical standards Post Trading The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has outlined the conditions that providers and users of post-trade risk reduction (PTRR) services need to meet for certain OTC derivative transactions to be exempt from the clearing obligation under EMIR 3. The new rules, published in its latest final report, also establish safeguards for the provision of these services and the…