The European Securities and Markets Authority (ESMA) has published an opinion on the composition of central counterparty colleges. ESMA considers it important to adopt this opinion in order to clarify which authorities qualify as a college member under article 18(2)(c) of EMIR following the establishment of the single supervisory mechanism and to clarify the voting rights to be held by the European Central Bank as a college member.
View ESMA publishes its opinion on the composition of CCP colleges, 21 May 2015