2023-05-03
Added · Updated
The European Commission adopts regulatory technical standards specifying the independence criteria for valuers, including prohibitions on statutory auditors who audited the central counterparty (CCP) in the preceding year and requirements for structural separation. The regulation mandates specific methodologies for assessing CCP assets and liabilities, requiring valuations to reflect fair, prudent, and realistic assumptions while accounting for intra-group support and interoperability arrangements. It establishes rules for calculating buffers for additional losses in provisional valuations and defines the valuation approach for applying the 'no creditor worse off' principle to ensure consistency with normal insolvency proceedings.
Get EC alerts — same-day email on every new publication.
Skip to main content
EUR-Lex
Access to European Union law
This document is an excerpt from the EUR-Lex website
You are here
EUROPA
EUR-Lex home
Delegated regulation - 2023/1616 - EN - EUR-Lex
Help
Quick search
Use quotation marks to search for an "exact phrase". Append an asterisk ( * ) to a search term to find variations of it (transp * , 32019R * ). Use a question mark ( ? ) instead of a single character in your search term to find variations of it (ca ? e finds case, cane, care).
Search tips
Read the rest free, and get an email when EC publishes again
Source: European Commission — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
More like this from EC
We email you every new EC publication the day it's published.