2017R0581 - Summary

COMMISSION DELEGATED REGULATION (EU) 2017/581 of 24 June 2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards on clearing access in respect of trading venues and central counterparties (Text with EEA relevance)

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🇫🇷 French Version: 2017R0581_FR.0. Open the PDF. Direct link to EUR-LEX.

Article 1 - Conditions on the denial of access by a CCP
Article 2 - Denial of access by a CCP based on the anticipated volume of transactions
Article 3 - Denial of access by a CCP based on operational risk and complexity
Article 4 - Denial of access by a CCP based on other factors creating significant undue risks
Article 5 - Conditions on the denial of access by a trading venue
Article 6 - Denial of access by a trading venue based on operational risk and complexity
Article 7 - Denial of access by a trading venue based on other factors creating significant undue risks
Article 8 - Conditions under which access is deemed to threaten the smooth and orderly functioning of markets or adversely affect systemic risk
Article 9 - Conditions under which access must be permitted
Article 10 - Non-discriminatory and transparent clearing fees charged by CCPs
Article 11 - Non-discriminatory and transparent fees charged by trading venues
Article 12 - Collateral and margining requirements of economically equivalent contracts
Article 13 - Netting of economically equivalent contracts
Article 14 - Cross-margining of correlated contracts cleared by the same CCP
Article 15 - Notification procedure from the CCP to its competent authority
Article 16 - Notification procedure from the competent authority to ESMA and the CCP college
Article 17 - Notification procedure from the trading venue to its competent authority regarding the initial transitional period
Article 18 - Notification procedure from the trading venue to its competent authority regarding an extension of the transitional period
Article 19 - Further specifications for the calculation of notional amount
Article 20 - Approval and verification method by ESMA
Article 21 - Entry into force and application

Annex I - Notification referred to in Article 15