The European Commission has adopted a Delegated Regulation amending Delegated Regulation No. 153/2013 that supplements the European Markets Infrastructure Regulation.
Delegated Regulation No. 153/2013 lays down regulatory technical standards on requirements for central counterparties (CCPs) regarding the time horizons for the liquidation period to be considered for the different classes of financial instruments.
The Delegated Regulation now adopted by the Commission amends article 26 of Delegated Regulation No. 153/2013 and introduces the possibility for EU CCPs to margin on a one day gross basis for clients’ accounts.
The Delegated Regulation enters into force on the twentieth day following its publication in the Official Journal of the EU.
