ESMA publishes Statement on use of collateral by NFCs acting as clearing members
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today issued a public statement on deprioritising supervisory actions linked to the eligibility of uncollateralized public guarantees, public bank guarantees, and commercial bank guarantees for Non-Financial Counterparties (NFCs) acting as clearing members, pending the entry into force of EMIR 3.
Read the full Statement here.
Further information:
Sarah Edwards
Senior Communications Officer
press@esma.europa.eu
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