ESMA updates on third-country CCPs’ applications for recognition
Friday 08 July 2022 12:20
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has announced an update on the way forward for third-country CCPs (TC-CCPs) whose applications for recognition, under the European Market Infrastructure Regulation (EMIR), were suspended until 28 June 2022.
Pending Recognition Decisions
As regards TC-CCPs which are established in jurisdictions for which the EC has recently adopted equivalence decisions, i.e. Chile, China, Indonesia, Israel and Malaysia, ESMA has started processing their applications for recognition under…