The Java EE 6 Tutorial, Volume I

Required Attribute

If the client is running within a transaction and invokes the enterprise bean’s method, the method executes within the client’s transaction. If the client is not associated with a transaction, the container starts a new transaction before running the method.

The Required attribute is the implicit transaction attribute for all enterprise bean methods running with container-managed transaction demarcation. You typically do not set the Required attribute unless you need to override another transaction attribute. Because transaction attributes are declarative, you can easily change them later.