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27th January 2021

EC Adopts Equivalence for US SEC CCP Regime

European Commission (EC) decision opens the door for US CCPs registered with US SEC (US Securities and Exchange Commission) to apply for recognition as Third country CCPs recognised to offer services and activities in the Union.

Until now, 5 US CCPs registered with CFTC (Commodity Futures Trading Commission) have been recognised as equivalent, following initial EC decision from March 2016.

European Commission Press Release: Financial services: Commission adopts equivalence decision for US central counterparties