Skip to content
GovLens is in free beta — full access while we build. Join the beta →
Feed/DEA2020/2729(DEA)Finance & Budget

ESMA assessment of third-country CCP comparable compliance

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 72mo ago
View source

This regulation establishes the specific criteria and procedures that the European Securities and Markets Authority (ESMA) must use when evaluating requests from non-EU central counterparties (CCPs). It ensures that financial clearing houses from third countries meet standards comparable to those in the EU before they can operate within the internal market.

This affects non-EU financial institutions and clearing houses seeking access to the European market, as well as the regulatory bodies overseeing financial stability and securities trading.

Documents