Regulatory Alerts2023-03-14
Added · Updated
Commission Delegated Regulation (EU) 2023/1192 on regulatory technical standards for resolution colleges of central counterparties
The European Commission adopts regulatory technical standards specifying the content of written arrangements and procedures for the functioning of resolution colleges for central counterparties. The regulation mandates that resolution authorities identify college members and observers, maintain contact details, and establish operational rules governing meetings, information exchange, and joint decision-making processes. It requires annual reviews of these arrangements and sets specific timelines for document circulation and communication of meeting outcomes to ensure efficient coordination among authorities.
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