The following intragroup exemption was granted by Financial Conduct Authority (FCA) in United Kingdom on 11 June 2025 based on Art. 11(7) of the UK EMIR Regulation, i.e. “Regulation (EU) No. 648/2012 of 4 July 2012 on OTC derivatives, central counterparties and trade repositories”:
- Type of contract: ISDA Master Agreement
- 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 (per year) under this exemption: EUR 1 billion