{"id":77948,"date":"2025-09-11T18:30:12","date_gmt":"2025-09-11T09:30:12","guid":{"rendered":"https:\/\/nextmoney.jp\/?p=77948"},"modified":"2025-09-11T18:30:12","modified_gmt":"2025-09-11T09:30:12","slug":"fia%e5%85%88%e7%89%a9%e6%a5%ad%e7%95%8c%e5%8d%94%e4%bc%9a%e3%80%81esma%e3%81%ae%e9%81%8e%e5%ba%a6%e3%81%ab%e5%8e%b3%e6%a0%bc%e3%81%aa%e8%a8%bc%e6%8b%a0%e9%87%91%e9%80%8f%e6%98%8e%e6%80%a7%e8%a6%8f","status":"publish","type":"post","link":"https:\/\/nextmoney.jp\/?p=77948","title":{"rendered":"FIA\u5148\u7269\u696d\u754c\u5354\u4f1a\u3001ESMA\u306e\u904e\u5ea6\u306b\u53b3\u683c\u306a\u8a3c\u62e0\u91d1\u900f\u660e\u6027\u898f\u5247\u306b\u8b66\u544a"},"content":{"rendered":"

FIA\u304cESMA\u306e\u904e\u5ea6\u306b\u53b3\u683c\u306a\u8a3c\u62e0\u91d1\u900f\u660e\u6027\u898f\u5247\u306b\u8b66\u544a<\/h2>\n

FIA<\/a>\uff08\u5148\u7269\u696d\u754c\u5354\u4f1a\uff09\u306f\u3001ESMA<\/a>\uff08European Securities and Markets Authority\uff1a\u6b27\u5dde\u8a3c\u5238\u5e02\u5834\u76e3\u7763\u5c40\uff09\u306b\u5bfe\u3057\u3001\u6e05\u7b97\u4f1a\u54e1\u4f01\u696d\u306b\u5bfe\u3059\u308b\u904e\u5ea6\u306b\u53b3\u683c\u306a\u8a3c\u62e0\u91d1\u900f\u660e\u6027\u8981\u4ef6\u306e\u5c0e\u5165\u306b\u8b66\u544a\u3092\u767a\u3057\u305f\u3002<\/p>\n

\u3053\u306e\u8b66\u544a\u306f\u3001ESMA\u304cEMIR 3.0\u7b2c38\u6761\u306b\u57fa\u3065\u304f\u898f\u5236\u6280\u8853\u57fa\u6e96\u6848\u306b\u95a2\u3059\u308b\u5354\u8b70\u3092\u884c\u3063\u305f\u3053\u3068\u3092\u53d7\u3051\u3066\u51fa\u3055\u308c\u305f\u3082\u306e\u3067\u3001CCP\uff08\u4e2d\u592e\u6e05\u7b97\u6a5f\u95a2\uff09\u3068CSP\uff08\u6e05\u7b97\u30b5\u30fc\u30d3\u30b9\u30d7\u30ed\u30d0\u30a4\u30c0\u30fc\uff09\u306b\u5bfe\u3059\u308b\u900f\u660e\u6027\u7fa9\u52d9\u3092\u5b9a\u3081\u3066\u3044\u308b\u3002<\/p>\n

FIA\u306e\u30b8\u30e3\u30af\u30ea\u30fc\u30f3\u30fb\u30e1\u30b5COO\uff08\u6700\u9ad8\u57f7\u884c\u8cac\u4efb\u8005\uff09\u306f\u3001FIA\u304cESMA\u306e\u3088\u308a\u5e83\u7bc4\u306a\u653f\u7b56\u76ee\u6a19\u3068\u6574\u5408\u3057\u3066\u3044\u308b\u3053\u3068\u3092\u5f37\u8abf\u3057\u305f\u3046\u3048\u3067\u3001\u6b21\u306e\u3088\u3046\u306b\u8ff0\u3079\u305f\u3002<\/p>\n

\u308f\u308c\u308f\u308c\u306f\u3001\u900f\u660e\u6027\u3092\u9ad8\u3081\u3001\u6e05\u7b97\u4f1a\u54e1\u3001\u9867\u5ba2\u3001\u305d\u3057\u3066\u30a8\u30f3\u30c9\u30e6\u30fc\u30b6\u30fc\u304c\u3001\u7279\u306b\u30b9\u30c8\u30ec\u30b9\u306e\u639b\u304b\u3063\u305f\u5e02\u5834\u74b0\u5883\u4e0b\u306b\u304a\u3044\u3066\u3001\u8a3c\u62e0\u91d1\u30b3\u30fc\u30eb\u3084\u305d\u308c\u306b\u4f34\u3046\u6d41\u52d5\u6027\u30cb\u30fc\u30ba\u306b\u9069\u5207\u306b\u5bfe\u5fdc\u3067\u304d\u308b\u3088\u3046\u306b\u3059\u308b\u3068\u3044\u3046\u3001EU\uff08\u6b27\u5dde\u9023\u5408\uff09\u306e\u5305\u62ec\u7684\u306a\u653f\u7b56\u76ee\u6a19\u3092\u5f37\u304f\u652f\u6301\u3057\u307e\u3059\u3002\u3057\u304b\u3057\u3001ESMA\u306b\u5bfe\u3057\u3001\u3053\u308c\u3089\u306e\u898f\u5236\u6280\u8853\u57fa\u6e96\u304c\u9069\u7528\u7bc4\u56f2\u3068\u6bd4\u4f8b\u6027\u306e\u4e21\u9762\u306b\u304a\u3044\u3066\u3001\u30ec\u30d9\u30eb1\u306e\u7fa9\u52d9\u3068\u78ba\u5b9f\u306b\u6574\u5408\u3057\u7d9a\u3051\u308b\u3088\u3046\u5f37\u304f\u6c42\u3081\u307e\u3059\u3002<\/em><\/strong><\/p><\/blockquote>\n

<\/br><\/p>\n

CCP\u30de\u30fc\u30b8\u30f3\u304c\u3051\u3093\u5f15\u5f79<\/h3>\n

FIA\u304c\u6e05\u7b97\u4f1a\u54e1\u3092\u5bfe\u8c61\u306b\u5b9f\u65bd\u3057\u305f\u8abf\u67fb\u306b\u3088\u308b\u3068\u3001\u9867\u5ba2\u306e86.5%\u306fCCP\u30de\u30fc\u30b8\u30f3\u306e\u307f\u3092\u8acb\u6c42\u3055\u308c\u3001\u308f\u305a\u304b3%\u304c\u72ec\u81ea\u306eCSP\u30e2\u30c7\u30eb\u306b\u5f93\u3063\u3066\u3044\u308b\u3053\u3068\u304c\u5224\u660e\u3057\u305f\u3002<\/p>\n

\u3053\u308c\u306f\u3001CCP\u306e\u60c5\u5831\u958b\u793a\u304c\u9867\u5ba2\u306e\u30a8\u30af\u30b9\u30dd\u30fc\u30b8\u30e3\u30fc\u3092\u5f62\u6210\u3059\u308b\u4e3b\u8981\u56e0\u3067\u3042\u308a\u3001CSP\u306e\u900f\u660e\u6027\u306b\u5bfe\u3059\u308b\u30cb\u30fc\u30ba\u306f\u9650\u3089\u308c\u3066\u3044\u308b\u3002FIA\u306f\u3001ESMA\u304cCCP\u306e\u60c5\u5831\u958b\u793a\u5f37\u5316\u306b\u91cd\u70b9\u3092\u7f6e\u3044\u3066\u3044\u308b\u3053\u3068\u3092\u6b53\u8fce\u3059\u308b\u4e00\u65b9\u3067\u3001CSP\u306b\u5fc5\u8981\u4ee5\u4e0a\u306b\u91cd\u3044\u7fa9\u52d9\u3092\u8ab2\u3059\u3053\u3068\u306b\u306f\u8b66\u9418\u3092\u9cf4\u3089\u3057\u3066\u3044\u308b\u3002
\n<\/br><\/p>\n

FIA\u306e\u61f8\u5ff5\u3068\u63d0\u6848<\/h3>\n

FIA\u304c\u7279\u306b\u61f8\u5ff5\u3057\u3066\u3044\u308b\u70b9\u306e\u4e00\u3064\u306f\u3001CSP\u306b\u5bfe\u3057\u300c\u9867\u5ba2\u306e\u500b\u5225\u30ea\u30b9\u30af\u306b\u95a2\u9023\u3059\u308b2\u3064\u306e\u30b7\u30ca\u30ea\u30aa\u300d\u3092\u63d0\u4f9b\u3059\u308b\u3053\u3068\u3092\u6c42\u3081\u308b\u63d0\u6848\u3060\u3002<\/p>\n

\u540cCOO\u306f\u3001\u3053\u308c\u306fCCP\u306e\u7fa9\u52d9\u3092\u8d85\u3048\u3001\u5927\u898f\u6a21\u306a\u9867\u5ba2\u57fa\u76e4\u3092\u6301\u3064CSP\u306b\u3068\u3063\u3066\u306f\u904b\u7528\u4e0a\u5b9f\u73fe\u4e0d\u53ef\u80fd\u3067\u3042\u308b\u3068\u4e3b\u5f35\u3057\u3001\u6b21\u306e\u3088\u3046\u306b\u8b66\u544a\u3057\u305f\u3002<\/p>\n

EU\u306b\u62e0\u70b9\u3092\u7f6e\u304fCSP\u306b\u5bfe\u3059\u308b\u904e\u5ea6\u306b\u8ca0\u62c5\u306e\u5927\u304d\u3044\u3001\u3042\u308b\u3044\u306f\u30ea\u30b9\u30af\u306b\u898b\u5408\u308f\u306a\u3044\u8981\u4ef6\u306f\u3001\u7279\u306b\u540c\u69d8\u306e\u671f\u5f85\u304c\u4e16\u754c\u7684\u306b\u8ab2\u3055\u308c\u3066\u3044\u306a\u3044\u5834\u5408\u3001\u3042\u308b\u3044\u306f\u56fd\u969b\u57fa\u6e96\u306b\u6cbf\u3063\u3066\u3044\u306a\u3044\u5834\u5408\u3001\u6b27\u5dde\u306b\u304a\u3051\u308b\u6e05\u7b97\u30b5\u30fc\u30d3\u30b9\u306e\u76f8\u5bfe\u7684\u306a\u9b45\u529b\u3068\u62e1\u5f35\u6027\u3092\u610f\u56f3\u305b\u305a\u640d\u306a\u3046\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002<\/em><\/strong><\/p><\/blockquote>\n

\u306a\u304a\u3001FIA\u306f\u3001RTS\u306e\u6700\u7d42\u5316\u306b\u3042\u305f\u308a\u3001ESMA\u306b\u5bfe\u3057\u4ee5\u4e0b\u306e\u4e3b\u8981\u306a\u63d0\u8a00\u3092\u63d0\u793a\u3057\u3066\u3044\u308b\u3002<\/p>\n

    \n
  • EMIR\u7b2c38\u6761(7)\u306b\u57fa\u3065\u304d\u3001CCP\u306b\u5bfe\u3059\u308b\u900f\u660e\u6027\u8981\u4ef6\u3092\u5f37\u5316<\/li>\n
  • CSP\u306e\u958b\u793a\u304c\u3001\u30ec\u30d9\u30eb1\u306e\u7fa9\u52d9\u3092\u8d85\u3048\u308b\u7fa9\u52d9\u3092\u56de\u907f\u3057\u3001\u76f8\u5fdc\u304b\u3064\u30ea\u30b9\u30af\u306b\u57fa\u3065\u3044\u305f\u3082\u306e\u3067\u3042\u308b\u3053\u3068\u3092\u78ba\u4fdd<\/li>\n
  • \u30b7\u30df\u30e5\u30ec\u30fc\u30b7\u30e7\u30f3\u306e\u671f\u5f85\u4e8b\u9805\u3092\u660e\u78ba\u5316\u30fb\u5408\u7406\u5316\u3059\u308b\u3053\u3068\u3067\u3001\u9867\u5ba2\u306b\u3068\u3063\u3066\u4ed8\u52a0\u4fa1\u5024\u304c\u3042\u308a\u3064\u3064\u3001CSP\u306b\u3068\u3063\u3066\u3082\u5b9f\u73fe\u53ef\u80fd\u306a\u7bc4\u56f2\u3067\u5b9f\u73fe\u53ef\u80fd\u3068\u306a\u308b\u3088\u3046\u306b\u3059\u308b<\/li>\n<\/ul>\n

    FIA\u306f\u5225\u9014\u3001\u898f\u5247\u306e\u904b\u7528\u9762\u304a\u3088\u3073\u6280\u8853\u9762\u306e\u8907\u96d1\u3055\u3092\u53cd\u6620\u3057\u305f\u3001\u9069\u5207\u306a\u30b3\u30f3\u30d7\u30e9\u30a4\u30a2\u30f3\u30b9\u30fb\u30bf\u30a4\u30e0\u30e9\u30a4\u30f3\u306e\u7b56\u5b9a\u3092\u8981\u6c42\u3002FIA\u306e\u4ecb\u5165\u306f\u3001\u4ef2\u4ecb\u696d\u8005\u306b\u904e\u5ea6\u306e\u8ca0\u62c5\u3092\u304b\u3051\u308b\u3053\u3068\u306a\u304f\u3001\u9867\u5ba2\u3068\u5e02\u5834\u3092\u4fdd\u8b77\u3059\u308b\u30eb\u30fc\u30eb\u3092\u8a2d\u8a08\u3059\u308b\u3053\u3068\u306e\u96e3\u3057\u3055\u3092\u6d6e\u304d\u5f6b\u308a\u306b\u3057\u3066\u3044\u308b\u3002<\/p>\n\n

    <\/div>","protected":false},"excerpt":{"rendered":"

    FIA\u304cESMA\u306e\u904e\u5ea6\u306b\u53b3\u683c\u306a\u8a3c\u62e0\u91d1\u900f\u660e\u6027\u898f\u5247\u306b\u8b66\u544a FIA\uff08\u5148\u7269\u696d\u754c\u5354\u4f1a\uff09\u306f\u3001ESMA\uff08European Securities and Markets Authority\uff1a\u6b27\u5dde\u8a3c\u5238\u5e02\u5834\u76e3\u7763\u5c40\uff09\u306b\u5bfe\u3057\u3001\u6e05\u7b97\u4f1a\u54e1\u4f01\u696d\u306b\u5bfe\u3059…<\/p>\n","protected":false},"author":2,"featured_media":44678,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60],"tags":[4830,8630,8631,8632,8633,821],"class_list":{"0":"post-77948","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-60","8":"tag-esma","9":"tag-fia","10":"tag-8631","11":"tag-8632","12":"tag-8633","13":"tag-821"},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t