ESMA recognises Shanghai Clearing House and Dubai Clear
Monday 03 October 2022 18:43
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has updated its list of recognised third-country central counterparties (TC CCPs) to include the Shanghai Clearing House and Dubai Clear.
On 27 September, ESMA recognised Shanghai Clearing House, from the People’s Republic of China, and Dubai Clear, from the United Arab Emirates (UAE), as TC CCPs under Article 25 of the European Market Infrastructure Regulation (EMIR).
The recognition of Shanghai Clearing House as a third-…