EMIR / EMIR 3 Clearing & Reporting Diagnostic

A practical self-assessment for financial and non-financial counterparties on clearing obligation, active account requirement, trade reporting and risk mitigation under EMIR, EMIR Refit and EMIR 3.

Regulation (EU) No 648/2012 · Refit 2019/834 · EMIR 3 2024/2987 · AAR from 25 Jun 2025 · First AAR report Jul 2026

About this diagnostic

This tool covers the core EMIR obligations that matter operationally today: counterparty classification and clearing thresholds, the clearing obligation, the EMIR 3 active account requirement (AAR), trade reporting quality (including Refit ISO 20022), risk mitigation for uncleared OTC derivatives, and governance/controls. It produces a spider chart and prioritised observations. Designed to be completed in 10–15 minutes by a derivatives operations, risk, compliance or clearing lead.

Aligned with Regulation (EU) No 648/2012 as amended by EMIR Refit and EMIR 3 (Regulation (EU) 2024/2987), and related RTS on reporting and active account conditions.

Your EMIR / EMIR 3 Readiness Results

Overall Readiness Score
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Dimension Score Assessment

Prioritised observations

Disclaimer: This diagnostic is an illustrative self-assessment tool provided by GRT Consulting for educational and discussion purposes only. It does not constitute legal, regulatory or professional advice. Scores and observations are generated from your answers and should not be relied upon as a formal gap analysis or compliance opinion. For a detailed, firm-specific assessment please contact GRT Consulting.

Want a deeper, firm-specific EMIR gap assessment?

GRT Consulting can run a full review covering clearing classification, active account operational readiness, reporting quality, risk mitigation and evidence for NCAs.

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