#ESMA has recognised 4 additional third country #CentralCounterparties from ๐ฒ๐พ, ๐น๐ผ, ๐จ๐ด, and ๐ฎ๐ฑ under the European Market Infrastructure Regulation โ https://europa.eu/!mYxMXm.
๐ Check the updated list of recognised TC-CCPs โ https://europa.eu/!bj38kH.
๐ฆ๐: https://n.respublicae.eu/ESMAComms/status/1653380637045190659
Easy like Sunday morning ๐ฅณ๐ด here is an interesting listen from @EU_Finance ๐ค
But how is #ESMA involved in the #CentralCounterparties arena?
๐ https://europa.eu/!QPTFwN
RT @EU_Finance: ๐ง Podcast alert!
Don't miss our latest episode: ๐ง๐ต๐ฒ ๐ผ๐ป๐ฒ ๐ฎ๐ฏ๐ผ๐๐ ๐ฐ๐น๐ฒ๐ฎ๐ฟ๐ถ๐ป๐ด. Jenny Robertson,
@EU_Commission's head of the Financial markets infrastructure unit, clears the air about CCPs and clearing.
๐๏ธ Listen now: https://open.spotify.com/episode/5LYorreZHgEONyRVgHyHjT
๐ฆ๐: https://n.respublicae.eu/ESMAComms/status/1642435970728443905
#CentralCounterparties | 2 Final Reports on
โช๏ธ Guidelines on resolvability โ setting out common aspects for CCPs resolution planning
โช๏ธ Guidelines on cooperation arrangements โ provisions between Members States authorities and third-country authorities
๐ฆ๐: https://nitter.eu/ESMAComms/status/1593537592414330880
Six #CentralCounterparties established in India ๐ฎ๐ณ will have their recognition decisions withdrawn in accordance with #EMIR โ https://europa.eu/!fGq7mk.
๐ซ They will no longer be able to provide services to #clearing members and trading venues established in the EU.
๐ฆ๐: https://nitter.eu/ESMAComms/status/1588114186848112642
#CentralCounterparties #EMIR #clearing
๐ฃ What are #ESMA's strategic objectives in relation to #CentralCounterparties [๐๏ธ 2023-2025]?
1โฃ Strengthening EU CCP resilience
2โฃ Addressing 3rd-country CCP cross-border risks
3โฃ Deepening risk- and data-driven supervision
๐ฆ๐: https://nitter.eu/ESMAComms/status/1580106974402072576
RT @RiskDotNet: โFor some #CentralCounterparties especially in the commodity derivative market โฆ we see that the estimated risk is higher than the available buffers for some CCPsโ โ Froukelien Wendt, @ESMAComms CCP supervisory committee #ConcentrationRisk @ICE_Markets
https://t.co/LUHLhnn5fl
๐ฆ๐: https://nitter.eu/ESMAComms/status/1544355344582934529
#CentralCounterparties #ConcentrationRisk
6โฃ Final Reports on the #CentralCounterparties set out proposals for RTS on:
โธthe content of CCP resolution plans
โธ#resolution colleges
โธvaluation of #CCPsโ assets and liabilities in resolution
โธsafeguards for clients and indirect clients
๐๏ธ http://europa.eu/!3FYkDt
๐ฆ๐: https://nitter.eu/ESMAComms/status/1526468934429458432
#CentralCounterparties #Resolution #CCPs