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3 October 2013 ESMA english version

On 3 October 2013, ESMA has published the Guidelines and Recommendations which define the written agreement that a CCP’s national supervisor should propose as part of its establishment of a supervisory college under EMIR.

The Guidelines and Recommendations do not introduce new requirements for CCPs in addition to the ones specified in EMIR or the relevant technical standards. Instead they specify requirements for national supervisors in the establishment, management and chairing of CCP supervisors colleges under EMIR. The Guidelines and their language versions are available on ESMA's website.