Official CCP resolution authority

As of 12 February, the Dutch Central Bank (DNB) has been formally designated by the legislator as CCP resolution authority. This designation stems from the European Regulation for Recovery and Resolution of Central Counterparties (CCPs) that entered into force in February 2021. Among other things, this regulation stipulates that Member States must designate a resolution authority. DNB has been responsible for the resolution of banks, certain investment firms and insurers for several years.

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