RiskTech Forum

ESMA to Cooperate with Non-Eu Regulators on CCPS

Posted: 20 March 2017  |  Source: ESMA


The European Securities and Markets Authority (ESMA) has established five Memoranda of Understanding (MoUs) under the European Markets Infrastructure Regulation (EMIR).

The MoUs establish cooperation arrangements, including the exchange of information, regarding Central Counterparties (CCPs) which are established and authorised or recognised in Brasil, Japan, India, the Dubai International Financial Center or the United Arab Emirates, and which have applied for EU recognition under EMIR.

EMIR provides for cooperation arrangements between ESMA and the relevant non-EU authorities whose legal and supervisory framework for CCPs have been deemed equivalent to EMIR by the European Commission.

ESMA agreed a MoU with the following Brasilian regulators:

ESMA agreed a MoU with the following Japanese regulators:

ESMA agreed a MoU with the Indian regulator:

ESMA agreed a MoU with the Dubai regulator:

ESMA agreed a MoU with the Emirati regulator:

The MoUs are applicable as per their dates of signature.