ESMA Publishes Guidelines On Written Agreements Between Members Of CCP Colleges

ESMA has published Guidelines and Recommendations which define the written agreement that a CCP’s national supervisor should propose as part of its establishment of a supervisory college under EMIR.

The Guidelines and Recommendations do not introduce new requirements for CCPs in addition to the ones specified in EMIR or the relevant technical standards. Instead they specify requirements for national supervisors in the establishment, management and chairing of CCP supervisors colleges under EMIR.

• Guidelines and Recommendations regarding written agreements between members of CCP colleges