ESMA to recognise three UK CCPS from 1 January 2021
ESMA Guidelines and Recommendations
Date:
09 October 2020
On 28 September 2020, the European Securities and Markets Authority (ESMA) announced that the three central counterparties (CCPs) established in the United Kingdom (UK) – ICE Clear Europe Limited, LCH Limited, and LME Clear Limited – will be recognised as third country CCPs (TC-CCPs) eligible to provide their services in the EU, after the end of the transition period following the withdrawal of the UK from the EU on 31 December 2020.