Statement of EMIR Status
The European Market Infrastructure Regulation (Regulation (EU) No 648/2012 of 4 July 2012 on OTC derivatives, central counterparties and trade repositories, “EMIR”) sets forth certain regulatory obligations for counterparties, the extent of which depends on the company’s status and scope of trading. EMIR differentiates between the following categories:
- FC – financial counterparties
- NFC – non-financial counterparties
- NFC+ – non-financial counterparties above the EMIR clearing thresholds (as determined in Article 11 of the Commission Delegated Regulation (EU) No 149/2013 of 19 December 2012, “RTS”)
The BKW Group is a group of companies with the stock-listed BKW AG as the ultimate parent company established in Switzerland and thus outside the European Union and the EEA. All BKW Group companies established in the European Union are non-financial counterparties (NFC) pursuant to Article 2 (9) of EMIR. Similarly, BKW AG and the BKW Group companies established in Switzerland would be non-financial counterparties if they were established in the European Union. Currently, BKW does not exceed any of the relevant clearing thresholds in Art. 11 of the RTS at group level. This status remains subject to continuing review.
Even if no clearing obligation for a counterparty exists, EMIR sets forth certain obligations regarding OTC derivative contracts (“EMIR-relevant transactions”), e. g. reporting or risk-mitigation obligations. For reporting purposes, each counterparty entering into EMIR-relevant transactions needs to be identified with a Legal Entity Identifier (LEI). The following list shows the (Pre-)LEIs of all BKW Group companies that have entered or may enter into EMIR-relevant transactions.
For further information, please contact BKW legal service, Phone +41 (0) 58 477 56 69.
|BKW AG||Switzerland||549300IE30SKTUO98Q38||View details|
|BKW Energie AG||Switzerland||HP4455X23HMJWUDSIO96||View details|
|BKW Italia S.p.A.||Italy||5493003Q5PT268WLBB32||View details|
|Electra Italia S.p.A.||Italy||549300K44MRCJB4KBV40||View details|
|HelveticWind Eolo Srl||Italy||549300DJTHD1FED0LY26||View details|
|BKW Deutschland GmbH||Germany||549300RR0XKMB6YEIP29||View details|
|BKW Holleben Wind GmbH||Germany||549300V5DOL60HFL7265||View details|
|BKW Bippen Wind GmbH||Germany||549300YHKPKIM91PLL74||View details|