Summary
The European Parliament recommends not objecting to a new EU regulation regarding technical standards for indirect clearing arrangements to ensure industry readiness by 2018. 10 25.10.2017
Other
finance
business and competition
financial institutions and credit
Key points
- The regulation updates technical standards concerning indirect clearing arrangements.
- These changes are intended to align with existing financial market frameworks such as the regulations governing OTC derivatives.
- The Parliament noted significant delays by the Commission in approving the draft submitted by the European Securities and Markets Authority.
- The final version of the regulation contains amendments that differ from the original technical standards proposed by experts.
Documents (PDFs)
RECOMMENDATION FOR A DECISION to raise no objections to the Commission delegated regulation of 22 September 2017 amending Commission Delegated Regulation (EU) No 149/2013 with regard to regulatory technical standards on indirect clearing arrangements
Non-objection to a delegated act: regulatory technical standards on indirect clearing arrangements (amending Delegated Regulation (EU) No 149/2013)
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