- Linking fast payment systems across borders: governance and oversight – final report. This final report informs owners and operators of
CPMI issues two reports offering insights into enhancing cross-border payments
Joint statement by ESMA, DG FISMA and the ECB: Shortening the standard securities settlement cycle in the European Union: next steps
On 15 October 2024, the European Securities and Markets Authority (ESMA), the European Commission and the European Central Bank issued a joint statement regarding the next steps to support the preparations towards a transition to T+1.
Among other things the statement notes that given the high level of interconnectedness between the EU capital
ESMA announces next steps for the selection of CTPs
- ESMA will launch the selection procedure for the
The Central Counterparties (Transitional Provision) (Extension and Amendment) Regulations 2024
- The temporary recognition regime (TRR) for overseas central counterparties (CCPs) by 12 months, so that the expiry date is pushed back until
CSDR Refit – ESMA consults on rules to recalibrate and further clarify the framework
- Consultation paper on the draft regulatory technical standards (RTS) on the information notified by third-country central securities depositories (TC CSDs). CSDR Refit introduces
ESMA publishes latest CCP stress test results
On 9 July 2024, the European Securities and Markets Authority (ESMA) published the results of its fifth stress test exercise for central counterparties (CCPs).
Whilst the stress test confirmed the overall resilience of the EU clearing landscape it also found that some gaps persist in the coverage of concentration risk across
MEPs adopt EMIR 3
On 25 April 2024, the European Parliament issued a press release stating that it had adopted the text of a proposed Regulation amending the European Market Infrastructure Regulation as regards measures to mitigate excessive exposures to third country central counterparties (CCPs) and improve the efficiency of EU clearing markets (EMIR 3).
ESMA follow up report – Main outcomes of global CCP fire drill 2023
On 24 April 2024, the European Securities and Markets Authority (ESMA) published a follow up report which sets out the main outcomes of the global central counterparty (CCP) fire drill that took place during the week starting 13 November 2023. The exercise involved over 30 global CCPs running a simulation of
ESMA Follow-up Report to the Peer Review into supervisory actions aiming at enhancing the quality of data reported under EMIR
On 11 April 2024, the European Securities and Markets Authority (ESMA) published a Follow-up Report to the Peer Review into supervisory actions aiming at enhancing the quality of data reported under the European Market Infrastructure Regulation (EMIR). The follow up updates on the actions that Member State competent authorities (NCAs
ESMA statement on the deprioritisation of supervisory actions on the EMIR clearing obligation for third-country pension scheme arrangements
On 27 March 2024, the European Securities and Markets Authority (ESMA) published a statement on deprioritising supervisory actions linked to the clearing obligation for third-country pension scheme arrangements (TC PSA), pending the finalisation of the review of the European Market Infrastructure Regulation (EMIR). The Council of the EU and