On 25 June 2021, there was published in the Official Journal of the EU a Commission Implementing Regulation that extends the transitional period during which EU credit institutions can treat exposures to a third-country central counterparty (CCP) that has not been recognised in accordance with the European Market Infrastructure Regulation as if they were exposures to a recognised (or qualifying) CCP. The Commission Implementing Regulation, which comes into force on 29 June 2021, extends the transitional regime until 28 June 2022.