Information on the exemption of intra-group transactions from EMIR margining obligation
Pursuant to Regulation (EU) No 648/2012 (“EMIR”), counterparties are generally obliged to provide collateral for non-cleared OTC-
derivatives. Allianz plc has been granted full exemption from this obligation in accordance with Art. 11 para. 3 EMIR with respect to
This exemption relates to intra-group transactions between Allianz plc (LEI Code 635400BFGESLKMXBZV15), and Allianz SE (LEI-Code 529900K9B0N5BT694847) (the ‘Counterparty‘). Allianz plc is a fully consolidated subsidiary of Allianz SE.
The exemption for intra-group transactions from the margining obligation covers all OTC derivatives between Allianz plc and the
Counterparty up to a notional aggregate amount of €10m. Please note that this is only an estimate of the future notional per year and
that the actual notional may differ.