Regulatory Alerts2023-11-28
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Commission Delegated Regulation (EU) 2024/818 amending Delegated Regulation (EU) No 153/2013 on CCP collateral requirements
The European Commission extends temporary emergency measures on central counterparty collateral requirements until 7 September 2024. This regulation amends Delegated Regulation (EU) No 153/2013 to allow public guarantees meeting specific conditions to be treated as highly liquid collateral for clearing members and their clients. The extension prevents discontinuity in the treatment of bank and public guarantees while legislative amendments to Regulation (EU) No 648/2012 are negotiated. The regulation entered into force on the day following its publication in the Official Journal of the European Union.
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