2025-01-28
ESMA issued this final report presenting draft amendments to the regulatory technical standards governing central counterparty colleges to align them with the new provisions of EMIR 3. The proposed changes clarify the practical arrangements for college functioning, including the roles of co-chairs, governance structures, and information sharing modalities among competent authorities. These amendments are limited in scope, impose no additional requirements on market participants, and will be submitted to the European Commission for endorsement.