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Intragroup exemption - EMIR

The following intragroup exemption was granted by Norwegian Finanstilsynet on 26 October 2022 based on Art. 11(7) of the EU EMIR Regulation, i.e. “Regulation (EU) No. 648/2012 of 4 July 2012 on OTC derivatives, central counterparties and trade repositories”:

  • Type of contract: European Emission Allowances (EUA)
  • Between: Two affiliates, both of which are subsidiaries of Equinor ASA
  • Exemption from: Margining requirements
  • Type of exemption: Full exemption
  • Notional aggregate amount of OTCs under this exemption: EUR 411 million