ESMA recognises four new Third Country CCPs
ESMA recognises four new Third Country CCPs
- ESMA recognises four new Third Country CCPs
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has recognised four additional third country CCPs (TC-CCPs) under Article 25 of the European Market Infrastructure Regulation (EMIR), bringing the total number of TC-CCPs recognised by ESMA to 39. - The newly recognised TC-CCPs are:
- Bursa Malaysia Derivatives Clearing Berhad (Malaysia);
- Taiwan Futures Exchange Corporation (Taiwan);
- Cámara de Riesgo Central de Contraparte de Colombia S.A. (Colombia); and
- Tel-Aviv Stock Exchange Clearing House Ltd (Israel). - ESMA now has 25 cooperation arrangements for TC-CCP supervision with supervisory authorities from 20 third countries.
- ESMA has updated its list of recognised third-country central counterparties (TC CCPs) accordingly.