2023R0451 - Summary
COMMISSION DELEGATED REGULATION (EU) 2023/451 of 25 November 2022 specifying the factors to be taken into consideration by the competent authority and the supervisory college when assessing the recovery plan of central counterparties (Text with EEA relevance)
Info
🇫🇷 French Version: 2023R0451_FR.0. Open the PDF. Direct link to EUR-LEX.
Références LVL1 <=> LVL2
Level 1 reference(s): 2021R0023_EN.9
Article 1 - Assessment of a CCP’s capital structure and financial risk
Article 2 - Assessment of a CCP’s default waterfall
Article 3 - Assessment of the organisational structure of a CCP
Article 4 - Assessment of the substitutability of a CCP’s activities
Article 5 - Assessment of the risk profile of a CCP
Article 6 - Assessment of the risk profile of the CCP in relation to the CCP preparedness
Article 7 - Assessment of the risk profile of the CCP in relation to the business model
Article 8 - Assessment of the overall impact on certain entities in relation to a CCP’s communication and disclosure plan
Article 9 - Assessment of the overall impact of a CCP’s recovery plan on clearing members, their clients, and indirect clients
Article 10 - Assessment of the overall impact of a CCP’s recovery plan on linked FMIs
Article 11 - Assessment of the overall impact of a CCP’s recovery plan on financial markets, including trading venues, served by the CCP
Article 12 - Assessment of the overall impact of a CCP’s recovery plan on the financial system of any Member State and of the Union as a whole
Article 13 - Incentives
Article 14 - Entry into force