ESMA temporarily amends CCP collateral requirements to provide liquidity relief on energy derivatives markets
ESMA, the EU’s financial markets regulator and supervisor, today proposed measures to alleviate the liquidity pressure on non-financial counterparties (NFCs) active on gas and electricity regulated markets cleared in EU-based CCPs.
ESMA’s Final Report provides draft regulatory technical standards (RTS) which temporarily expand for a period of 12 months the pool of CCP eligible collateral to…