RTS: CCP independence, asset valuation & 'no creditor worse off' principle

This procedure supplements existing rules on the resolution of central counterparties. It sets out technical standards for assessing independence from resolution authorities and details valuation methodologies for assets, liabilities, and provisional valuations. This ensures financial stability and fair treatment of creditors.

It affects central counterparties, resolution authorities, and investors in financial markets. The regulation clarifies valuation methods crucial for the 'no creditor worse off' principle in resolution scenarios.