RTS specifying the conditions for recompense by CCPs
Initiative
Official name
Commission Delegated Regulation (EU) 2023/450 of 25 November 2022 supplementing Regulation (EU) 2021/23 of the European Parliament and of the Council with regard to regulatory technical standards specifying the order in which CCPs are to pay the recompense referred to in Article 20(1) of Regulation (EU) 2021/23, the maximum number of years during which those CCPs are to use a share of their annual profits for such payments to possessors of instruments recognising a claim on their future profits and the maximum share of those profits that is to be used for those payments
Type
Delegated Regulation
Level 2
Initiator
ESMA
Submitted
12.07.2021
Doc. code
2023/450
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, 2023/450, 2022