ESMA finalises RTS on CCP admission criteria under EMIR 3
ESMA published its Final Report on Regulatory Technical Standards specifying CCP admission criteria elements under the EMIR 3 review.
The RTS operationalise EMIR 3 changes to CCP admission criteria, tightening how CCPs assess clearing members and clients. Firms accessing EU CCPs should expect revised due diligence, financial resource, and operational requirements at onboarding and ongoing membership review.
Impacts clearing access, membership eligibility, and counterparty risk management for firms using EU CCPs.
Action Required
Review CCP onboarding, membership, and clearing access frameworks against the finalised RTS and update internal policies accordingly.
EMIR 3 CCP reforms are a strategic pillar of EU market infrastructure supervision post-clearing review.
Assess exposure to EU CCP admission criteria changes; update clearing member onboarding controls, financial resource checks, and governance documentation to align with finalised RTS under EMIR 3.
“ESMA has published its Final Report on the RTS concerning CCP admission criteria elements, following the review of EMIR 3.”
Published: 2026-07-08