Information to be provided to ESMA for the recognition of a CCP
Article 2
An application for recognition submitted by a CCP established in a third country shall contain at least the following information: (a) full name of the legal entity; (b) identities of the shareholders or members with qualifying holdings; (c) a list of the Member States in which it intends to provide services; (d) classes of financial instruments cleared; (e) details to be included in the ESMA website in accordance with Article 88(1)(e) of Regulation (EU) No 648/2012; (f) details of its financial resources, the form and methods in which they are maintained and the arrangements to secure them including default management procedures; (g) details on the margin methodology and for the calculation of the default fund; (h) a list of the eligible collateral; (i) a breakdown of values, in prospective form if needed, cleared by the applying CCP by each Union currency cleared; (j) results of the stress tests and back tests performed during the year preceding the date of application; (k) its rules and internal procedures with evidences of full compliance with the requirements applicable in that third country; (l) details of any outsourcing arrangements; (m) details on segregation arrangements and respective legal soundness and enforceability; (n) details on the CCP’s access requirements and terms for suspension and termination of membership; (o) details of any interoperability arrangement, including the information provided to the third country competent authority for the purpose of assessing the arrangement.