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ESMA extends CCP temporary collateral emergency by six months

ESMA has extended for six months emergency measures that temporarily expand the pool of eligible collateral for all types of trading institutions.。

ESMA 将 CCP 临时抵押品紧急措施延长六个月

The European Securities and Markets Authority (ESMA), the EU's financial markets regulator, has extended the validity of emergency measures to temporarily expand the scope of eligible collateral for all types of counterparties by six months.。

Unsecured bank guarantees for non-financial trading institutions (NFC) and public guarantees for all types of trading institutions that are clearing members will continue to qualify as central clearing houses (CCP) for the time being to avoid possible chaos in the coming cold season.。

The interim measures proposed by ESMA in its final report were taken at the height of the energy crisis to ease liquidity pressure on NFC, which is active in gas and electricity regulatory markets and is cleared at the EU's central counterparty clearing house.。

The final report has been sent to the European Commission for approval and will be reviewed by the European Parliament and the Council.。

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