ESMA updates Guidelines on written agreements between CCP college members
21 January 2021
- 21 January 2021
CCP Directorate
The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, has today published the final report on its revised Guidelines regarding written agreements between members of CCP colleges.
- The revised Guidelines take into account changes to composition, functioning and management of CCP colleges which were introduced by amendments to the regulatory technical standards (RTS) on CCP colleges, and by EMIR 2.2.
- The objective of the Guidelines is to ensure common, uniform and consistent application of the RTS on CCP colleges and Articles 18 and 19 of EMIR.
- The Guidelines specifically aim at establishing a standard written agreement to support the smooth functioning of a CCP college.