ESMA_QA_2183

Status: ✅ Answer Published

Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/2183

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Regulatory Context

Regulation : CCPRRR

Level 1 Regulation: Regulation 2021/23 - recovery and resolution of central counterparties (CCPRRR)

Level 2 Regulation: No information available

Level 3 Regulation: No information available

Topic: CCP Resolution

Subject Matter: Resolution colleges

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Question

Submission Date: 14 May 2024

In accordance with Article 4(2)(c) of CCP RRR, competent authorities and resolution authorities of clearing members referred to in Article 18(2)(c) of EMIR should be voting members of the resolution college. Art. 18(2)(c) of EMIR refers to the three Member States with the largest contributions to the default fund of the CCP. Where not all clearing members of the CCP are subject to supervision by competent authorities, should the calculation exclude default fund contributions from not supervised clearing members?

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ESMA Answer

Answer Date: 14-05-2024

No answer has been published yet for this question.

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This document was automatically extracted from the ESMA EMIR Q&A database.