Updated list of recognised third-country CCPs
On 9 Oct 2017, ESMA has issued an updated list of recognised third-country CCPs. i.e. list of recognised central counterparties (CCPs) based in third countries.
The update concerns CCPs established in India:
- Indian Clearing Corporation Limited;
- National Securities Clearing Corporation Limited; and
- MCX-SX Clearing Corporation.
The European Markets Infrastructure Regulation (EMIR) requires third-country CCPs to be recognised by ESMA in order to operate in the European Union.
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