ESMA launches 2021 Central Counterparties Stress Test
EMIR
Date:
24 June 2021
On 7 June 2021, the European Securities and Markets Authority (ESMA
published the
framework for its fourth Stress Test for Central Counterparties (CCPs). ESMA, as required by the European Markets Infrastructure Regulation (EMIR), initiates and coordinates this exercise to assess the resilience and safety of recognised European Union (EU) and Tier 2 Third Country CCPs (TC-CCPs) to adverse market developments and to identify any potential shortcomings.