EACH acknowledges EMIR CCP deal 18 April 2019Brussels Reporter: Maddie Saghir
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The European Association of CCP Clearing House has acknowledged the provisional deal on the European Market Infrastructure Regulation (EMIR) Central Counterparty (CCP) Supervision (EMIR 2.2).
This provisional deal was reached by the Roman Presidency of the Council and the European Parliament, assisted by the European Commission.
Additionally, EACH acknowledges the European Parliament’s Plenary vote on this subject that took place on 18 April.
EACH cited: “We commend EU institutions for having reached a provisional deal on this dossier and look forward to contributing to the Level 2 work of EU authorities with the objective of ensuring a supervisory system for CCPs that is sound, efficient, transparent, proportional and that promotes regulatory convergence.”
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