Regulatory Alerts2019-04-05
Added · Updated
Guidelines on CCP conflict of interest management
The document establishes requirements for Central Counterparties (CCPs) to implement written organisational and administrative arrangements to identify and manage conflicts of interest under Article 33 of EMIR. It mandates specific measures including need-to-know information sharing, rules of conduct, gift thresholds, financial instrument ownership restrictions, and training. For CCPs within a group, additional provisions apply to board independence, shared senior management, staff outsourcing, and service provider arrangements. National Competent Authorities must notify compliance within two months of publication, and CCPs must report their status to their respective authorities.
More like this from ESMA
We email you every new ESMA publication the day it's published.