RTS on the requirements for the assessment in case of resolution of a CCP
Initiative
Official name
COMMISSION DELEGATED REGULATION (EU) 2023/1616 of 3 May 2023 supplementing Regulation (EU) 2021/23 of the European Parliament and of the Council with regard to regulatory technical standards specifying the circumstances in which a person is deemed to be independent from the resolution authority and from the central counterparty, the methodology for assessing the value of assets and liabilities of a central counterparty, the separation of the valuations, the methodology for calculating the buffer for additional losses to be included in provisional valuations, and the methodology for carrying out the valuation for the application of the ‘no creditor worse off’ principle
Type
Delegated Regulation
Level 2
Initiator
ESMA
Submitted
18.11.2021
Doc. code
2023/1616
Summary
Status
Status
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Current version
Final version
Next step
Entry into force and application
Entry into force
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Application date
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Scope
Relevant for
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Associated initiatives
Level 1
Framework for the recovery and resolution of central counterparties (CCPRRR)
(binding, Main version, EU)
Level 2
–
Level 3 / Other
–
Source: ESMA, 2023/1616, 2023