2022-11-25

Added · Updated

Commission Delegated Regulation (EU) 2023/840 on methodology for additional pre-funded dedicated own resources of CCPs

The European Commission establishes regulatory technical standards specifying the methodology for calculating and maintaining the additional amount of pre-funded dedicated own resources for central counterparties (CCPs). CCPs must calculate this additional amount by multiplying their risk-based capital requirements by a percentage level 'P' derived from specific risk and complexity parameters, unless they voluntarily apply the maximum 25% cap. The regulation mandates that CCPs replenish any shortfall in these resources within 20 working days and outlines procedures for recovering unavailable funds from non-defaulting clearing members, including interest payments if reimbursement exceeds 120 working days.

European Commission logo

European Union

European Commission

Scan of the document's first page
Share

Get EC alerts — same-day email on every new publication.

Read the rest free, and get an email when EC publishes again

Lineage: In force

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

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.