Esma, Singaporean Regulators Signs MoU on CCPs

MoU to set the cooperation arrangements regarding Central Counterparties (CCPs).

monetary-authority-singapore
ESMA and MAS cooperate on CCPs' recognition conditions and monitoring of compliance.

Under the European Markets Infrastructure Regulation (EMIR), CCPs from non-EU authorities, whose legal and supervisory framework have been deemed equivalent by the European Commission, can benefit from the status of Covered CCPs and act as clearing houses for clearing members or trading venues in European firms. 

Since this status depends whether CCPs are fulfilling the conditions set out in the Article 25 of EMIR, this MoU will provide Esma with the adequate tools to monitor the CCPs are compliant under the Recognition Conditions.

 

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here