🛠️ #ICYMI | ESMA launched its #StressTest Exercise for #CCPs. We examined core risk categories and took a closer look at the impact of a possible spill over of risks to financial markets.

🌍 New? Inclusion of climate risk
🏢 14 🇪🇺 CCPs authorised + 2 🇬🇧

https://europa.eu/!87dQby

🐦🔗: https://n.respublicae.eu/ESMAComms/status/1666742637204852737

🔬 #ESMA launches the fifth #StressTest Exercise for #CCPs. It examines core risk categories and takes a closer look at the impact of a possible spill over of risks to financial markets.

🆕 New? Inclusion of climate risk
🏢 CCPs: 14 🇪🇺 authorised + 2 🇬🇧

https://europa.eu/!pHFxqB

🐦🔗: https://n.respublicae.eu/ESMAComms/status/1663931155509379073

Today in the @EP_Economics meeting we'll exchange views with @Lagarde on the @ecb #monetarypolicy and on the @ESRBofficial on the current economic situation. We'll discuss #CCPs and the EU clearing reform, as well as #SVB, #CS and the latest developments in the banking sector.

🐦🔗: https://n.respublicae.eu/danutahuebner/status/1637808449848262665

📢 #ESMAjobs | We are looking for different profiles in the #CCPs Directorate, Trading Unit and the newly established #SustainableFinanceEU Unit.

⏰ Check the January deadlines and join our growing team in Paris → https://bit.ly/3ZtRmwI

CC: @EU_Careers

🐦🔗: https://n.respublicae.eu/ESMAComms/status/1618204633901449216

#ESMAjobs | Last day to apply ⏰

💼 Positions out for grab: Team Leaders in the #CCPs Directorate and Senior Officer #PostTrading → https://esmacareers.adequasys.com/?f%25255B0%25255D=im_field_document_type%3A57%E2%80%8B

Don't miss your chance to contribute to enhancing investor protection and promoting orderly and stable financial markets.

🐦🔗: https://n.respublicae.eu/ESMAComms/status/1614938564873035776

📢 #ESMAjobs | We are looking for different profiles in the #CCPs Directorate, Trading Unit and the newly established #SustainableFinanceEU Unit.

⏰ Check the January deadlines and join our growing team in Paris → https://bit.ly/3ZtRmwI

CC: @EU_Careers

🐦🔗: https://n.respublicae.eu/ESMAComms/status/1613486337922850817

Don’t miss @EU_Finance Director-General John Berrigan’s latest LinkedIn post, on this week’s proposals to help unlock the potential of 🇪🇺 capital markets.
#CapitalMarketsUnion #CMU #CCPs #EMIR 👇
https://www.linkedin.com/posts/john-berrigan-31131778_cmu-activity-7006991451486081024-plBu?utm_source=share&utm_medium=member_desktop

🐦🔗: https://n.respublicae.eu/EU_Finance/status/1601228473984757762

The proposed measures will help to expand the range of clearing solutions on offer from 🇪🇺 #CCPs and enhance their liquidity 4/4 #EMIR

🐦🔗: https://n.respublicae.eu/EU_Finance/status/1600458045296848897

The proposal is about diversifying and modernising the clearing options that 🇪🇺 #CCPs offer 3/4 #EMIR

🐦🔗: https://n.respublicae.eu/EU_Finance/status/1600457762416168961

This will reduce the risks stemming from an excessive reliance on non- 🇪🇺 #CCPs and preserve financial stability 2/4 #EMIR

🐦🔗: https://n.respublicae.eu/EU_Finance/status/1600457629158936576

🧵 We aim to build a safe, robust and attractive EU clearing ecosystem, which can withstand shocks (e.g. energy crisis) 1/4 #CCPs #EMIR
➡️ https://europa.eu/!N9tjFy

🐦🔗: https://n.respublicae.eu/EU_Finance/status/1600457542538514432

RT @EU_Finance: 🧵 We aim to build a safe, robust and attractive EU clearing ecosystem, which can withstand shocks (e.g. energy crisis) 1/4 #CCPs #EMIR
➡️ https://ec.europa.eu/commission/presscorner/detail/en/qanda_22_7350

🐦🔗: https://n.respublicae.eu/McGuinnessEU/status/1600472489829666816

Not a “#China expert,” but I think this article puts important context around the current string of #ChinaProtests. The combination of #Xi’s power grab and accompanying changes in the #CCPs governance policies, with the shifting strategic focus from economic growth to domestic control and national security provide a coherent underlying link across these demonstrations.

https://reader.foreignaffairs.com/2022/11/28/xis-costly-obsession-with-security/content.html

Not a “China expert,” but I think this article puts important context around the current string of #ChinaProtests. The combination of Xi’s power grab and accompanying changes in the #CCPs governance policies, with the shifting strategic focus from economic growth to domestic control and national security provide a coherent underlying link across these demonstrations.

https://reader.foreignaffairs.com/2022/11/28/xis-costly-obsession-with-security/content.html

📤 #ESMA recognises Shanghai Clearing House and Dubai Clear as third-country central counterparties under EMIR. → https://europa.eu/!HjYjgY

🗃️ List of recognised TC #CCPs → https://europa.eu/!bj38kH

🐦🔗: https://nitter.eu/ESMAComms/status/1577599583168905217

CCPS, a Capcom CPS-1 SDK: https://fabiensanglard.net/ccps/index.html #linux #linuxgaming #foss #update #release #ccps #cps1 #sdk #capcom

📢 #EUHaveYourSay on the proposed rules for Central Counterparties’ (#CCPs) business reorganisation plans ⏳ 1 December → https://europa.eu/!t3j3yw

▪️ clarifications on the minimum elements to be included in the business reorganisation plans that CCPs are expected to implement.

🐦🔗: https://nitter.eu/ESMAComms/status/1572921198706855936

2/2 🔎 CCP peer review observations:

▪️ Better clarification of risk-based approach in remote access
▪️ Better clarification of #CCPs risk-based scope of penetration testing and remote access risks
▪️ Improve Business Continuity Management plans

https://europa.eu/!jW9Yv3

🐦🔗: https://nitter.eu/ESMAComms/status/1549339023583461377

Updated ✅ Way forward for 3rd country #CCPs whose applications for recognition were suspended until 28 June 2022 → http://europa.eu/!V9J4Tk

→ 🇨🇱, 🇨🇳, 🇮🇩, 🇮🇱 & 🇲🇾 → ESMA started process for recognition
→ 🇦🇷, 🇨🇴, 🇷🇺, 🇹🇼, 🇹🇭 & 🇹🇷 → ESMA started process for refusing recognition

🐦🔗: https://nitter.eu/ESMAComms/status/1545417070493503494

3/3 #ESMA #CCPs #StressTest
🔘CCPs remained resilient despite 📈 market volatility amid #RussiaUkraineWar
🔘Differences in terms of risk sources, exposures and mitigation tools across CCPs are observed and need further assessment on individual basis

https://europa.eu/!QJpvPG

🐦🔗: https://nitter.eu/ESMAComms/status/1544249355556847616