On 2 February 2024, the European Securities and Markets Authority (ESMA) published the official translations of following guidelines under Regulation (EU) 2021/23 on a framework for the recovery and resolution of central counterparties:

  • Guidelines on written arrangements and procedures for the functioning of resolution colleges.
  • Guidelines on the types and content of the provisions of Cooperation Arrangements.

Next steps

Both guidelines apply from 2 April 2024.

Member State competent authorities must notify ESMA by this date whether they comply, do not comply but intend to comply, or do not intend to comply with the guidelines.