On 12 December 2023, the European Securities and Markets Authority (ESMA) issued an annual peer review report on the supervision of EU central counterparties by Member State competent authorities (NCA). The peer review measured the effectiveness of  NCA supervisory practices in assessing CCP compliance with European Market Infrastructure Regulation requirements on due diligence of clearing members. Among other things the peer review identified the need for further work to promote convergence in respect of the continuous monitoring of the CCP clearing members’ operational capacity.