A standard agreement which helps participants to carry out the EMIR requirements for portfolio reconciliation and dispute resolution. It also includes a disclosure waiver to help ensure parties can meet the various reporting and record keeping requirements under EMIR without breaching confidentiality restrictions. Signing up to this agreement eliminates the need to create bilateral agreements between counterparties. If a counterparty signs the protocol, then that counterparty has signed up to all the other counterparties who have also signed the protocol.
