On November 10, 2015, the European Securities and Markets Authority (ESMA) published a final report (ESMA/2015/1629) setting out additional draft regulatory technical standards (RTS) on the central clearing of interest rate swaps (IRS), pursuant to Article 5 of EMIR (the Regulation on OTC derivative transactions, CCPs and Trade Repositories (Regulation 648/2012)). ESMA proposes the mandatory central clearing of both fixed-to-float IRS denominated in Norwegian krone (NOK), Polish zloty (PLN) and Swedish krona (SEK), Danish krona, Czech koruna and Hungarian forints and forward rate agreements, denominated in NOK, PLN and SEK.