The European Securities and Markets Authority (ESMA) has today opened a public consultation on the review of Article 26 of its Regulatory Technical Standards (153/2013) under the European Market Infrastructure Regulation (EMIR) which deals with CCPs’ client accounts. The consultation is aimed at:
• central counterparties (CCPs);
• their clearing members; and
• financial and non-financial counterparties accessing CCP services as clients of clearing members.
ESMA is seeking stakeholder’s feedback until 30 September 2015.