Consob notice of 7 July 2022 regarding compliance with the Guidelines issued by ESMA relating to procedures and common methods for the regulatory CCP review and supervisory evaluation process of Article no. 21 of EMIR (11 July 2022)

Consob notice of 7 July 2022

Notice regarding compliance with the Guidelines issued by ESMA relating to procedures and common methods for the regulatory CCP review and supervisory evaluation process of Article no. 21 of EMIR

Consob and the Bank of Italy, as competent authorities for the supervision of central Italian counterparties, comply with the "Guidelines relating to common procedures and methods for the process of review and prudential evaluation of CCPs pursuant to Article 21 of the EMIR" issued by the European Authority for Financial Instruments and Markets (ESMA), integrating them into their respective supervisory practices.

The Guidelines, published on ESMA's website in all the official languages of the Union on 10 March of last year, have the objective of establishing supervisory practices aimed at promoting common, uniform and consistent application with Article no. 21 of EMIR (Regulation (EU) no. 648/2012).

ESMA was informed of this compliance pursuant to Regulation (EU) no. 1095/2010.

THE CHAIRMAN
Paolo Savona

 Consob notice of 7 July 2022 PDF version